Lipschitz recursive equilibrium with a minimal state space and heterogeneous agents

DOI10.1016/J.JMATECO.2019.01.006MaRDI QIDQ2425146zbMATH OpenOpenAlexFDO

Authors Rodrigo Raad, Łukasz Woźny

Publication date 26 June 2019

Published in Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jmateco.2019.01.006

zbMATH Keywords

heterogeneous agentsincomplete marketsrecursive equilibriumminimal state spaceLucas tree modelLipschitz demand

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Heterogeneous agent models (91B69)

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Cited in

(3)

• Recursive equilibrium with price perfect foresight and a minimal state space
• Market equilibrium with heterogeneous recursive-utility-maximizing agents
• On stationary recursive equilibria and nondegenerate state spaces: the Huggett model

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