Stationary Markov equilibria for overlapping generations

DOI10.1007/s00199-004-0523-3zbMath1084.91038MaRDI QIDQ1762758

Felix Kubler, Herakles M. Polemarchakis

Publication date: 11 February 2005

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

Full work available at URL: https://doi.org/10.1007/s00199-004-0523-3

zbMATH Keywords

Stationary Markov equilibria; \(\epsilon\) -equilibria

Mathematics Subject Classification ID

91B52: Special types of economic equilibria

91B54: Special types of economic markets (including Cournot, Bertrand)

Related Items

NUMERICAL SIMULATION OF NONOPTIMAL DYNAMIC EQUILIBRIUM MODELS, Uniformly self-justified equilibria, Stochastic overlapping generations with non-convex budget sets, Stationary Markovian equilibrium in altruistic stochastic OLG models with limited commitment, Recursive equilibrium in stochastic OLG economies: Incomplete markets, Indeterminacy in stochastic overlapping generations models: real effects in the long run, On the nonexistence of recursive equilibrium in stochastic OLG economies, Sequentially complete markets remain incomplete, A characterization of Markov equilibrium in stochastic overlapping generations models, Bubbly Markov equilibria, Lipschitz recursive equilibrium with a minimal state space and heterogeneous agents, Computing minimal state space recursive equilibrium in OLG models with stochastic production, Uniqueness of Markov equilibrium in stochastic OLG models with nonclassical production, Stationary Markovian equilibrium in overlapping generation models with stochastic nonclassical production and Markov shocks, Sunspot-like equilibria in an overlapping generations economy with strategic interactions, Recursive equilibrium with price perfect foresight and a minimal state space