Agency equilibrium (Q2183990)
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scientific article; zbMATH DE number 7205628
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| English | Agency equilibrium |
scientific article; zbMATH DE number 7205628 |
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Agency equilibrium (English)
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27 May 2020
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Summary: Agency may be exercised by different entities (e.g., individuals, firms, households). A given individual can form part of multiple agents (e.g., he may belong to a firm and a household). The set of agents that act in a given situation might not be common knowledge. We adapt the standard model of incomplete information to model such situations.
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agency
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equilibrium
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individualism
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collectivism
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0.7307002544403076
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0.7307002544403076
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0.7131707668304443
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0.7102658152580261
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0.7000637650489807
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