4 papers
math.CA2020
Hermite-Hadamard inequalities for (p,a,b)-convex functions
Bar Light
A function is called -convex if is times continuously differentiable, is convex and increasing, and for a…
econ.TH2019
General equilibrium in a heterogeneous-agent incomplete-market economy with many consumption goods and a risk-free bond
Bar Light
We study a pure-exchange incomplete-market economy with heterogeneous agents. In each period, the agents choose how much to save (i.e., invest in a risk-free bond), how much to con…
math.OC2019
Stochastic Comparative Statics in Markov Decision Processes
Bar Light
In multi-period stochastic optimization problems, the future optimal decision is a random variable whose distribution depends on the parameters of the optimization problem. We anal…
econ.TH2019
Mean Field Equilibrium: Uniqueness, Existence, and Comparative Statics
Bar Light, Gabriel Weintraub
The standard solution concept for stochastic games is Markov perfect equilibrium (MPE); however, its computation becomes intractable as the number of players increases. Instead, we…