4 papers
Endogenous Fertility Waves and the Dynamics of Utility in an Overlapping Generations Model
Wolfgang Kuhle
This paper investigates the conditions under which the Easterlin hypothesis holds within a neoclassical overlapping generations model with endogenous capital accumulation, wages, i…
Janus-Faced Technological Progress and the Arms Race in the Education of Humans and Chatbots
Wolfgang Kuhle
We study the conditions under which technological advances, in combination with a lognormal wage distribution, incentivize agents into an inefficient educational arms race. Our mod…
Information Aggregation in Markets with Analysts, Experts, and Chatbots
Wolfgang Kuhle
The present paper shows that it can be advantageous for traders to publish their information on the true value of an asset even if they (i) cannot build a position in the asset pri…
Games with Planned Actions and Scouting
Wolfgang Kuhle
We study games in which every action requires planning and preparation. Moreover, before players act, they can revise their plans based on partially revealing information that they…