Now showing items 1-8 of 8

    • Riascos Villegas, Alvaro; Torres Martínez, Juan Pablo (Universidad de Chile, Facultad de Economía y Negocios, 2010)
      Consider a game with a continuum of players where only a finite number of them are atomic. Objective functions and admissible strategies may depend on the actions chosen by atomic players and on aggregate information ...
    • Cea Echenique, Sebastián; Torres Martínez, Juan Pablo (Universidad de Chile, Facultad de Economía y Negocios, 2010)
      We develop a two period general equilibrium model with incomplete financial markets and differential information. Making endogenous the traditional informational restriction on consumption, we allow agents to obtain ...
    • Correa, Sofía; Torres Martínez, Juan Pablo (Universidad de Chile, Facultad de Economía y Negocios, 2012)
      We characterize essential stability of Cournot-Nash equilibria of generalized games with a continuum of players. As application, we rationalize the active participation of politically engaged individuals as the unique ...
    • Moreno García, Emma; Torres Martínez, Juan (Universidad de Chile, Facultad de Economía y Negocios, 2017)
      We address economies with asymmetric information where agents are not perfectly aware about the informational structure for coalitions. Thus, we introduce solutions that we refer to as risky core and ambiguous core. We ...
    • Correa, Sofía; Torres Martínez, Juan Pablo (Universidad de Chile, Facultad de Economía y Negocios, 2016)
      We characterize the existence and the essential stability of Weak Pareto-Nash and Pareto-Nash equilibria in multi-objective generalized games with a continuum of players.
    • Iraola, Miguel A.; Torres Martínez, Juan Pablo (Universidad de Chile, Facultad de Economía y Negocios, 2012)
      This paper presents a dynamic general equilibrium model with default and collateral requirements. In contrast with previous literature, our model allows for liquidity contractions and general prepayment specifications. ...
    • Araujo, Aloisio; Páscoa, Mário; Torres Martínez, Juan Pablo (Universidad de Chile, Facultad de Economía y Negocios, 2008)
      When infinite-lived agents trade long-lived assets secured by durable goods, equilibrium exists without any additional debt constraints or uniform impatience conditions on agents' characteristics. Also, regardless of ...
    • Revil, Thiago; Torres Martínez, Juan Pablo (Universidad de Chile, Facultad de Economía y Negocios, 2008)
      In infinite horizon incomplete market economies, when the seizure of collateral guarantees is the only mechanism enforcing borrowers not to entirely default on their promises, equilibrium exists independently of the ...