The project I intend to undertake is divided into three parts. I . Analysis of (a) how individuals/firmslparties form coalitions; (b) how they split the surplus of cooperation.
2. Dynamic and strategic analysis of the effects of wealth distribution on optimal contracts and institutional change. Particular attention to market structures and credit markets.
3. Theoretical study on the efficiency implications of different initial distributions of commodities for trade Nash-equilibria in market games.