Comparative dynamics in an overlapping-generations model: the effects of quasi-rational discrete choice on finding and maintaining Nash equilibrium

DOI10.1007/S10614-006-9081-ZzbMATH Open1291.91160OpenAlexW2091821155MaRDI QIDQ883134FDOQ883134

Authors: James A. Sprigg, Mark A. Ehlen 

Publication date: 31 May 2007

Published in: Computational Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10614-006-9081-z

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zbMATH Keywords

Nash equilibriumagent-based simulationdiscrete choiceoverlapping generationslife-cycle hypothesisquasi rationality

Mathematics Subject Classification ID

Applications of game theory (91A80) Special types of economic markets (including Cournot, Bertrand) (91B54) Economic growth models (91B62)

Cites Work

• The overlapping-generations model. I: The case of pure exchange without money
• Existence of competitive equilibrium in a general overlapping-generations model
• Discrete Choice Methods with Simulation
• Asset Bubbles and Overlapping Generations
• Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
• On the properties of a singular Sturm-Liouville equation determined by its spectral functions
• The overlapping-generations model. II. The case of pure exchange with money
• Explaining the facts with adaptive agents: The case of mutual fund flows
• The overlapping-generations model. III. The case of log-linear utility functions
• Economic simulations in Swarm: Agent-based modelling and object oriented programming
• ASPEN: A microsimulation model of the economy
• Auctions as algorithms. Computerized trade execution and price discovery
• Agent-based computer simulation of dichotomous economic growth

Cited In (1)

• Quasitransitive intergenerational choice for economic environments

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