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-ZMaRDI QIDQ883134zbMATH OpenOpenAlexFDO

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

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)

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Cites work

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

Cited in

(1)

• Quasitransitive intergenerational choice for economic environments

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