Imperfect recognizability and coexistence of money and higher-return assets

DOI10.1007/s00199-011-0687-6zbMath1273.91099OpenAlexW1986039997MaRDI 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 gamescash-in-advancemonetary systemcounterfeiting

Mathematics Subject Classification ID

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

Related Items (4)

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 ⋮ A tractable model of monetary exchange with ex post heterogeneity ⋮ Debt enforcement and the value of money

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

This page was built for publication: Imperfect recognizability and coexistence of money and higher-return assets