Stefan Krasa

Professor, Director of Graduate Studies

1985 …2019
If you made any changes in Pure, your changes will be visible here soon.

Research Output 1985 2019

Filter
Article
2019

Political Conflict over Time

Howell, W., Krasa, S. & Polborn, M., Jan 1 2019, (Accepted/In press) In : American Journal of Political Science.

Research output: Contribution to journalArticle

political conflict
politician
policy implementation
election
time
2018

Political Competition in Legislative Elections

Krasa, S. & Polborn, M. K., Nov 1 2018, In : American Political Science Review. 112, 4, p. 809-825 17 p.

Research output: Contribution to journalArticle

party member
asymmetry
divergence
candidacy
election
2017

Entrepreneurs, legal institutions and firm dynamics

Herranz, N., Krasa, S. & Villamil, A. P., Jan 1 2017, In : Economic Theory. 63, 1, p. 263-285 23 p.

Research output: Contribution to journalArticle

Entrepreneurs
Legal institutions
Risk-averse
Firm dynamics
Assets
2015

Entrepreneurs,risk aversion, and dynamic firms

Herranz, N., Krasa, S. & Villamil, A. P., Oct 2015, In : Journal of Political Economy. 123, 5, p. 1133-1176 44 p.

Research output: Contribution to journalArticle

Risk aversion
Firm dynamics
Entrepreneurs
Debt
Small firms
2014

Policy divergence and voter polarization in a structural model of elections

Krasa, S. & Polborn, M., Jan 1 2014, In : Journal of Law and Economics. 57, 1, p. 31-76 46 p.

Research output: Contribution to journalArticle

structural model
polarization
divergence
voter
election

Social ideology and taxes in a differentiated candidates framework

Krasa, S. & Polborn, M., Jan 1 2014, In : American Economic Review. 104, 1, p. 308-322 15 p.

Research output: Contribution to journalArticle

Tax
Ideology
Voters
Cultural issues
Political competition
2012

Political competition between differentiated candidates

Krasa, S. & Polborn, M. K., Sep 1 2012, In : Games and Economic Behavior. 76, 1, p. 249-271 23 p.

Research output: Contribution to journalArticle

Political competition
Ranking
Divergence
Vote
Voters
2010

Competition between specialized candidates

Krasa, S. & Polborn, M. K., Dec 1 2010, In : American Political Science Review. 104, 4, p. 745-765 21 p.

Research output: Contribution to journalArticle

candidacy
voter
policy area
money
productivity

The binary policy model

Krasa, S. & Polborn, M., Mar 1 2010, In : Journal of Economic Theory. 145, 2, p. 661-688 28 p.

Research output: Contribution to journalArticle

Voters
Electoral competition
Plurality
Elections
2009

Is mandatory voting better than voluntary voting?

Krasa, S. & Polborn, M. K., May 1 2009, In : Games and Economic Behavior. 66, 1, p. 275-291 17 p.

Research output: Contribution to journalArticle

Voting model
Voting
Voter turnout
Endogenous participation
Vote

Small firms in the SSBF

Herranz, N., Krasa, S. & Villamil, A. P., Jan 21 2009, In : Annals of Finance. 5, 3-4, p. 341-359 19 p.

Research output: Contribution to journalArticle

Small firms
Owners
Limited liability
Liability
Assets
2008

Bankruptcy and firm finance

Krasa, S., Sharma, T. & Villamil, A. P., Aug 1 2008, In : Economic Theory. 36, 2, p. 239-266 28 p.

Research output: Contribution to journalArticle

Enforcement
Finance
Bankruptcy
Approximation
Nonlinear effects

Political polarization and the electoral effects of media bias

Bernhardt, M. D., Krasa, S. & Polborn, M. K., Jun 1 2008, In : Journal of Public Economics. 92, 5-6, p. 1092-1104 13 p.

Research output: Contribution to journalArticle

Polarization
Media bias
Profit
Ideology
Voters
2007

Limited observability as a constraint in contract design

Krasa, S. & Williams, S. R., May 1 2007, In : Journal of Economic Theory. 134, 1, p. 379-404 26 p.

Research output: Contribution to journalArticle

Observability
Contract design
Economics
Bargaining model
Optimal contract
2005

Debt contracts and cooperative improvements

Krasa, S., Sharma, T. & Villamil, A. P., Nov 1 2005, In : Journal of Mathematical Economics. 41, 7, p. 857-874 18 p.

Research output: Contribution to journalArticle

Nash Equilibrium
Dynamic Games
Solution Concepts
Equilibrium Solution
Imperfect
2003

Coalition structure values in differential information economies: Is unity a strength?

Krasa, S., Temimi, A. & Yannelis, N. C., Feb 1 2003, In : Journal of Mathematical Economics. 39, 1-2, p. 51-62 12 p.

Research output: Contribution to journalArticle

Coalitions
Bargaining
Game theory
Shapley Value
Economics
2001

Core concepts in economies where information is almost complete

Krasa, S. & Shafer, W., Jan 1 2001, In : Economic Theory. 18, 2, p. 451-471 21 p.

Research output: Contribution to journalArticle

Information economy
Incentive compatible
Economics
Private core
Complete information

Informational robustness of competitive equilibria

Krasa, S. & Shafer, W., Jan 1 2001, In : Journal of Economic Theory. 101, 2, p. 494-518 25 p.

Research output: Contribution to journalArticle

Competitive equilibrium
Complete information
Robustness
Incomplete information
Economics
2000

Optimal contracts when enforcement is a decision variable

Krasa, S. & Villamil, A. P., Jan 1 2000, In : Econometrica. 68, 1, p. 119-134 16 p.

Research output: Contribution to journalArticle

Enforcement
Contract enforcement
Optimal contract
Payment
Investors
1999

Unimprovable allocations in economies with incomplete information

Krasa, S., Jul 1 1999, In : Journal of Economic Theory. 87, 1, p. 144-168 25 p.

Research output: Contribution to journalArticle

Incomplete information
Economics
Durability
Exchange economy
Gains from trade
1996

Existence and properties of a value allocation for an economy with differential information

Krasa, S. & Yannelis, N. C., Jan 1 1996, In : Journal of Mathematical Economics. 25, 2, p. 165-179 15 p.

Research output: Contribution to journalArticle

Nonexistence
Continuum
Alternatives
Differential information
Concepts

Money and storage in a differential information economy

Huggett, M. & Krasa, S., Jan 1 1996, In : Economic Theory. 8, 2, p. 191-210 20 p.

Research output: Contribution to journalArticle

Fiat money
Differential information economy
Turnpike
Differential information
Limited commitment
1994

An elementary proof of the Knaster-Kuratowski-Mazurkiewicz-Shapley Theorem

Krasa, S. & Yannelis, N. C., May 1 1994, In : Economic Theory. 4, 3, p. 467-471 5 p.

Research output: Contribution to journalArticle

Usefulness
Balanced games
Fixed point theorem

Optimal multilateral contracts

Krasa, S. & Villamil, A. P., Mar 1 1994, In : Economic Theory. 4, 2, p. 167-187 21 p.

Research output: Contribution to journalArticle

Optimal contract
Monitoring
Interdependencies
Risk-averse
Wealth
1993

Non-existence and inefficiency of equilibria with American options

Kahn, C. & Krasa, S., Mar 1 1993, In : Economic Theory. 3, 1, p. 169-176 8 p.

Research output: Contribution to journalArticle

American options
Inefficiency
American put option
Assets
Spot price
1992

A theory of optimal bank size

Krasa, S. & Villamil, A. P., Jan 1 1992, In : Oxford Economic Papers. 44, 4, p. 725-749 25 p.

Research output: Contribution to journalArticle

Banks

Monitoring the monitor: An incentive structure for a financial intermediary

Krasa, S. & Villamil, A. P., Jun 1992, In : Journal of Economic Theory. 57, 1, p. 197-221 25 p.

Research output: Contribution to journalArticle

Financial intermediaries
Incentive structure
Monitoring
Intermediaries
Law of large numbers
1991

Equilibria with options: Existence and indeterminacy

Krasa, S. & Werner, J., Aug 1991, In : Journal of Economic Theory. 54, 2, p. 305-320 16 p.

Research output: Contribution to journalArticle

Assets
Indeterminacy
Futures markets
Commodity futures
Commodities
1989

Existence of competitive equilibria for option markets

Krasa, S., Apr 1989, In : Journal of Economic Theory. 47, 2, p. 413-421 9 p.

Research output: Contribution to journalArticle

Competitive equilibrium
Options markets
Endowments
Aggregate supply
Commodities
1988
Invariant Mean
Nonuniqueness
Solvable Group
Amenable Group
Subgroup
1985

Non uniqueness of invariant means for amenable group actions

Krasa, S., Jun 1 1985, In : Monatshefte für Mathematik. 100, 2, p. 121-125 5 p.

Research output: Contribution to journalArticle

Invariant Mean
Amenable Group
Nonuniqueness
Group Action
Measure space