2 papers
q-fin.CP2025
Wariness and Poverty Traps
Hai Ha Pham, Ngoc-Sang Pham
We investigate the effects of wariness (defined as individuals' concern for their minimum utility over time) on poverty traps and equilibrium multiplicity in an overlapping generat…
q-fin.CP2025
Equilibrium with non-convex preferences: some insights
Cuong Le Van, Ngoc-Sang Pham
We study the existence of equilibrium when agents' preferences may not beconvex. For some specific utility functions, we provide a necessary and sufficientcondition under which the…