On non-existence of Markov equilibria in competitive-market economies
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Publication:697970
DOI10.1006/JETH.2001.2840zbMATH Open1015.91044OpenAlexW3123267946MaRDI QIDQ697970FDOQ697970
Authors: Manuel S. Santos 
Publication date: 18 September 2002
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1006/jeth.2001.2840
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Cited In (21)
- Local and global indeterminacy in two-sector models of endogenous growth
- On non-existence of pure strategy Markov perfect equilibrium
- History dependence without unstable steady state: a non-differentiable framework.
- Equilibrium dynamics in a two-sector model with taxes
- Introduction to a general equilibrium approach to economic growth
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- Non-smooth dynamics and multiple equilibria in a Cournot-Ramsey model with endogenous markups
- Market selection with an endogenous state
- Simulation-based estimation of dynamic models with continuous equilibrium solutions
- Existence of competitive equilibrium in a non-optimal one-sector economy without conditions on the distorted marginal product of capital
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- On the existence of nonoptimal equilibria in dynamic stochastic economies
- Markovian equilibrium in infinite horizon economies with incomplete markets and public policy
- Block-recursive equilibria in heterogeneous-agent models
- A qualitative approach to Markovian equilibrium in infinite horizon economies with capital
- Non-existence of recursive equilibria on compact state spaces when markets are incomplete.
- Efficiency of dynamic quantity competition: A remark on Markovian equilibria
- Comparing recursive equilibrium in economies with dynamic complementarities and indeterminacy
- Stability, global dynamics and Markov equilibrium in models of endogenous economic growth
- Special issue: Supermodularity and monotone methods in economics
- Lipschitz recursive equilibrium with a minimal state space and heterogeneous agents
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