3 papers
econ.TH2025
The Moroccan Public Procurement Game
Nizar Riane
In this paper, we study the public procurement market through the lens of game theory by modeling it as a strategic game with discontinuous and non-quasiconcave payoffs. We first s…
econ.TH2025
Rethinking Arrow--Debreu: A New Framework for Exchange, Time, and Uncertainty
Nizar Riane
This paper revisits the Arrow-Debreu general equilibrium framework through the lens of effective trade, emphasizing the distinction between theoretical and realizable market intera…
econ.GN2025
Keynesian Beauty Contest in Morocco's Public Procurement Reform
Nizar Riane
This paper examines the recent reform of Morocco's public procurement market through the lens of Keynesian beauty contest theory. The reform introduces a mechanism akin to a guessi…