Macro meets micro: stochastic (Calvo) revisions in games

DOI10.1515/BEJTE-2013-0042MaRDI QIDQ1674993zbMATH OpenOpenAlexFDO

Authors Jan Libich, Dat Thanh Nguyen

Publication date 26 October 2017

Published in The B.E. Journal of Theoretical Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1515/bejte-2013-0042

zbMATH Keywords

revisionsbattle of the sexesStackelberg leadershipmonetary-fiscal interactionstiming of moves

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Noncooperative games (91A10) Games of timing (91A55) Hierarchical games (including Stackelberg games) (91A65)

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Cites work

• A Folk Theorem for Asynchronously Repeated Games
• A Folk Theorem for Repeated Sequential Games
• A Theory of Dynamic Oligopoly, I: Overview and Quantity Competition with Large Fixed Costs
• A theory of credibility under commitment
• Asynchronous Choice in Repeated Coordination Games
• Commitment versus flexibility in enforcement games
• Endogenous monetary commitment
• Extensive Form Games in Continuous Time: Pure Strategies
• On asynchronously repeated games
• Stochastic Games
• Transport equation on semidiscrete domains and Poisson–Bernoulli processes

Cited in

(3)

• Endogenous monetary commitment
• Aggregate pattern of time-dependent adjustment rules. II: Strategic complementarity and endogenous nonsynchronization.
• The worst-case payoff in games with stochastic revision opportunities

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