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The International Journal of Economic Theory publishes original articles in all fields of economic theory. IJET aims to be a leading journal in economics.

IJET is published by Wiley-Blackwell.

For more information, please see the journalf s homepage, where you will also find a list of volumes and tables of contents: www.wileyonlinelibrary.com/journal/ijet

IJET is produced in co-operation with Keio University and Kyoto University as a joint project of the research programs funded by the Ministry of Education as a part of the Ministry's 21st Century Center of Excellence Initiatives in the Graduate Schools of Economics and of Business and Commerce at Keio University and in the Kyoto Institute for Economic Research and the Graduate School of Economics at Kyoto University.