Correlated equilibria and sunspots

DOI10.1016/0022-0531(87)90067-6zbMath0649.90032MaRDI QIDQ1106079

Jean Tirole, Eric S. Maskin

Publication date: 1987

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(87)90067-6

zbMATH Keywords

overlapping generations; sunspots; extrinsic uncertainty; Giffen good; finite horizon model; imperfectly correlated equilibrium; two-period, two- commodity, two class economy

Mathematics Subject Classification ID

91B62: Economic growth models

91B50: General equilibrium theory

Related Items

Time and uncertainty in overlapping generations economies, Markets, correlation, and regret-matching, Private information and sunspots in sequential asset markets, The revelation of information and self-fulfilling beliefs, Multiplicity, instability and sunspots in games., Consistent collusion-proofness and correlation in exchange economies., Correlated equilibrium and sunspot equilibrium, Learning, hypothesis testing, and rational-expectations equilibrium, Coarse correlated equilibria in linear duopoly games, Sunspots, correlation and competition

Cites Work

• Self-fulfilling prophecies
• Subjectivity and correlation in randomized strategies
• Cournot and Walras equilibrium
• On Endogenous Competitive Business Cycles
• Market Uncertainty: Correlated and Sunspot Equilibria in Imperfectly Competitive Economies
• Sunspots and Cycles