Zobrazeno 1 - 10
of 7 211
pro vyhledávání: '"Equilibrium Existence"'
Autor:
Matsumura, Yuri, Otani, Suguru
We propose a constrained generalized method of moments estimator (GMM) incorporating theoretical conditions for the unique existence of equilibrium prices for estimating conduct parameters in a log-linear model with homogeneous goods markets. First,
Externí odkaz:
http://arxiv.org/abs/2407.12422
Autor:
Alcala, Luis
This paper studies a discrete-time version of the Lucas-Uzawa endogenous growth model with physical and human capital. Equilibrium existence is proved applying tools of dynamic programming with unbounded returns. The proofs rely on properties of homo
Externí odkaz:
http://arxiv.org/abs/2401.00342
Autor:
Kosowsky, Conrad
In this paper, I prove the existence of a pure-strategy Nash equilibrium for a large class of games with nonconvex strategy spaces. Specifically, if each player's strategies form a compact, connected Euclidean neighborhood retract and if all best-res
Externí odkaz:
http://arxiv.org/abs/2308.11597
Publikováno v:
Journal of Political Economy. Jun2023, Vol. 131 Issue 6, p1440-1476. 37p.
Autor:
Pastine, Ivan1 (AUTHOR) Ivan.Pastine@ucd.ie, Pastine, Tuvana2 (AUTHOR)
Publikováno v:
Economic Theory. May2023, Vol. 75 Issue 4, p983-1007. 25p.
This paper studies Bayesian games with general action spaces, correlated types and interdependent payoffs. We introduce the condition of ``decomposable coarser payoff-relevant information'', and show that this condition is both sufficient and necessa
Externí odkaz:
http://arxiv.org/abs/2106.08563
Autor:
Olszewski, Wojciech, Siegel, Ron
Publikováno v:
In Journal of Mathematical Economics January 2023 104
We show that, with indivisible goods, the existence of competitive equilibrium fundamentally depends on agents' substitution effects, not their income effects. Our Equilibrium Existence Duality allows us to transport results on the existence of compe
Externí odkaz:
http://arxiv.org/abs/2006.16939
Akademický článek
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Publikováno v:
In Journal of Economic Theory March 2022 200