Imperfect recognizability and coexistence of money and higher-return assets

DOI10.1007/s00199-011-0687-6zbMath1273.91099MaRDI QIDQ2376996

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

signaling games; cash-in-advance; monetary system; counterfeiting

Mathematics Subject Classification ID

91A80: Applications of game theory

91B64: Macroeconomic theory (monetary models, models of taxation)

91A28: Signaling and communication in game theory

Related Items

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

Cites Work

• Unnamed Item
• Independent random matching
• Belief-based refinements in signalling games
• Strong belief and forward induction reasoning.
• D1 signaling equilibria with multiple signals and a continuum of types
• Pairwise trade and coexistence of money and higher-return assets
• Existence of a monetary steady state in a matching model: divisible money
• Signaling Games and Stable Equilibria
• Information, Liquidity, Asset Prices, and Monetary Policy
• Signaling Private Choices
• A Walrasian Theory of Money and Barter