Imperfect recognizability and coexistence of money and higher-return assets

DOI10.1007/S00199-011-0687-6MaRDI QIDQ2376996zbMATH OpenOpenAlexFDO

Authors Tai-Wei Hu

Publication date 26 June 2013

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00199-011-0687-6

zbMATH Keywords

cash-in-advancesignaling gamesmonetary systemcounterfeiting

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Applications of game theory (91A80) Signaling and communication in game theory (91A28)

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Cites work

• scientific article; zbMATH DE number 765034 (Why is no real title available?)
• A Walrasian Theory of Money and Barter
• Belief-based refinements in signalling games
• D1 signaling equilibria with multiple signals and a continuum of types
• Existence of a monetary steady state in a matching model: divisible money
• Independent random matching
• Information, liquidity, asset prices, and monetary policy
• Pairwise trade and coexistence of money and higher-return assets
• Signaling Games and Stable Equilibria
• Signaling private choices
• Strong belief and forward induction reasoning.

Cited in

(5)

• Limelight on dark markets: theory and experimental evidence on liquidity and information
• A tractable model of monetary exchange with ex post heterogeneity
• Pairwise trade and coexistence of money and higher-return assets
• On the coexistence of money and higher-return assets and its social role
• Debt enforcement and the value of money

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