Expectational coordination in simple economic contexts. Concepts and analysis with emphasis on strategic substituabilities
From MaRDI portal
Publication:540419
DOI10.1007/s00199-010-0556-8zbMath1229.91213OpenAlexW1506314170MaRDI QIDQ540419
Roger Guesnerie, Pedro Jara-Moroni
Publication date: 3 June 2011
Published in: Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/s00199-010-0556-8
rational expectationsstrategic complementaritieseductive stabilityexpectational coordinationstrong rationalityiterative expectational stabilitystrategic substitutabilities
Special types of economic equilibria (91B52) Applications of game theory (91A80) Games with infinitely many players (91A07) Rationality and learning in game theory (91A26)
Related Items
On the closed-graph property of the Nash equilibrium correspondence in a large game: a complete characterization, Decentralizability of efficient allocations with heterogeneous forecasts, Rationalizability in games with a continuum of players, Asymmetric information and rationalizability, The individualistic foundation of equilibrium distribution, Large games with a bio-social typology, Rationalizability in large games, Diverse beliefs and time variability of risk premia, A qualitative theory of large games with strategic complementarities, A dominance solvable global game with strategic substitutes, Pareto-undominated and socially-maximal equilibria in non-atomic games
Cites Work
- Unnamed Item
- Monetary policy and heterogeneous expectations
- Business cycle amplification with heterogeneous expectations
- Financial leverage and market volatility with diverse beliefs
- Diverse beliefs and time variability of risk premia
- Determinacy and stability under learning of rational expectations equilibria
- A unifying pair of Cournot-Nash equilibrium existence results
- Intertemporal coordination in two-period markets
- Nash equilibrium with strategic complementarities
- A remark on the measurability of large games
- The Bayesian foundations of solution concepts of games
- Strategy subsets closed under rational behavior
- Rationalizability, strong rationality, and expectational stability
- A direct proof of the existence of pure strategy equilibria in games with a continuum of players
- On the structure and diversity of rational beliefs
- Representation of finite action large games
- Equilibrium points of nonatomic games
- Integrals of set-valued functions
- Coordination on saddle-path solutions: the eductive viewpoint -- linear multivariate models
- Short-Run Expectational Coordination: Fixed Versus Flexible Wages
- Global Games and Equilibrium Selection
- Rationalizable Strategic Behavior and the Problem of Perfection
- Rationalizable Strategic Behavior
- Rationalizability, Learning, and Equilibrium in Games with Strategic Complementarities
- Comparative Statics, Informativeness, and the Interval Dominance Order
- Expectational Stability and the Multiple Equilibria Problem in Linear Rational Expectations Models
- Rationalizability and Correlated Equilibria
- Asset Prices in an Exchange Economy
- Coordinating Regime Switches
- Variational Analysis
- COORDINATION ON SADDLE-PATH SOLUTIONS: THE EDUCTIVE VIEWPOINT—LINEAR UNIVARIATE MODELS
- Sunspots and Cycles
- Anchoring Economic Predictions in Common Knowledge