Risk and wealth in a model of self-fulfilling currency attacks (2007)
Guimaraes, Bernardo, Morris, Stephen
Market participants’ risk attitudes, wealth and portfolio composition influence their positions in a pegged foreign currency and, therefore, may have important effects on the sustainability of...
Risk and wealth in a model of self-fulfilling currency attacks (2007)
Guimaraes, Bernardo, Morris, Stephen
Market participants’ risk attitudes, wealth and portfolio composition influence their positions in a pegged foreign currency and, therefore, may have important effects on the sustainability of...
Child support awards in Britain: an analysis of data from the families and children study (2007)
This paper examines the extent to which mothers that care for children where the father is non-resident have an award or agreement for child support in place. Data from the Families and Children...
Child support awards in Britain: an analysis of data from the families and children study (2007)
This paper examines the extent to which mothers that care for children where the father is non-resident have an award or agreement for child support in place. Data from the Families and Children...
Morris, Stephen (Stephen Murray)
Thesis (Ph. D.)--University of Washington, 2004.
Risk and wealth in a model of self-fulfilling currency attacks (2003)
Guimaraes, Bernardo, Morris, Stephen
Market participants' risk attitudes, wealth and portfolio composition in°uence their positions in a pegged foreign currency and, therefore, may have important e®ects on the sustainability of...
Risk and wealth in a model of self-fulfilling currency attacks (2003)
Guimaraes, Bernardo, Morris, Stephen
Market participants' risk attitudes, wealth and portfolio composition in°uence their positions in a pegged foreign currency and, therefore, may have important e®ects on the sustainability of...
Morris, Stephen (Stephen John Kiri)
Thesis (MA--History)--University of Auckland, 2001.
Thesis (Ph. D.)--Johns Hopkins University, 1981.
On the Form of Transfers in Special Interests.
Coate, Stephen, Morris, Stephen
An important question in political economy concerns the form of transfers to special interests. The Chicago view is that political competition leads politicians to make such transfers efficiently....
An informed advisor wishes to convey her valuable information to an uninformed decision maker with identical preferences. Thus she has a current incentive to truthfully reveal her information. But if...
Eddie Dekel, Drew Fudenberg, Stephen Morris
This paper proposes the solution concept of interim rationalizability, and shows that all type spaces that have the same hierarchies of beliefs have the same set of interim rationalizable outcomes....
Eddie Dekel, Drew Fudenberg, Stephen Morris
We define and analyze "strategic topologies" on types, under which two types are close if their strategic behavior will be similar in all strategic situations. To oper- ationalize this idea, we adopt...
Social Value of Public Information
Stephen Morris, Hyun Song Shin
What are the welfare effects of enhanced dissemination of public information through the media and disclosures by market participants with high public visibility? We examine the impact of public...
Analysis of consultants' NHS and private incomes in England in 2003/4
Morris, Stephen, Elliott, Bob, Ma, Ada, McConnachie, Alex, Rice, Nigel, Skåtun, Diane, ...
Robust Implementation in General Mechanisms
Dirk Bergemann, Stephen Morris
A social choice function is robustly implemented if every equilibrium on every type space achieves outcomes consistent with it. We identify a robust monotonicity condition that is necessary and (with...
Bergemann, Dirk, Morris, Stephen
We analyze the problem of fully implementing a social choice set in ex post equilibrium. We identify an ex post monotonicity condition that is necessary and--in economic environments--sufficient for...
The Role of the Common Prior in Robust Implementation
Dirk Bergemann, Stephen Morris
We consider the role of the common prior for robust implementation in an environment with interdependent values. Specifically, we investigate a model of public good provision which allows for...
Morris, Stephen, Gravelle, Hugh
We investigate the relationship between area general practitioner (GP) supply and individual body mass index (BMI) in England. Individual level BMI is regressed against area whole time equivalent GPs...
Approximate common knowledge revisited
Suppose we replace "knowledge" by "belief with probability p" in standard definitions of common knowledge. Very different notions arise depending on the exact definition of common knowledge used in...
Incomplete information, local interaction, and random matching games all share a common structure. A type or player interacts with various subsets of the set of all types/players. A type/player's...
Repeated Games with Almost-Public Monitoring
George J. Mailath, Stephen Morris
In repeated games with imperfect public monitoring, players can use public signals to coordinate their behavior perfectly, and thus support cooperative outcomes with the threat of punishments. But...
Repeated Games with Imperfect Private Monitoring: Notes on a Coordination Perspective
George J. Mailath, Stephen Morris
In repeated games with imperfect public monitoring, players can use public signals to perfectly coordinate their behavior. Our study of repeated games with imperfect private monitoring focusses on...
Finance Applications of Game Theory
Franklin Allen, Stephen Morris
Traditional finance theory based on the assumptions of symmetric information and perfect and competitive markets has provided many important insights. These include the Modigliani and Miller...