Unique Markov equilibrium under limited commitment

DOI10.1111/IERE.12438MaRDI QIDQ3299416zbMATH OpenOpenAlexWikidataFDO

Authors Gaetano Bloise

Publication date 22 July 2020

Published in International Economic Review (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/iere.12438

zbMATH Keywords

tradelimited commitmentdynamic contractscompetitive Markov equilibrium

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Trade models (91B60)

Recommendations

• Stationary Markovian equilibrium in altruistic stochastic OLG models with limited commitment
• Uniqueness of competitive equilibrium with solvency constraints under gross-substitution
• Markov-perfect risk sharing, moral hazard and limited commitment
• Constrained efficiency without commitment
• Stationary Markov Equilibria

Cited in

(3)

• Constrained efficiency without commitment
• Uniqueness of competitive equilibrium with solvency constraints under gross-substitution
• A Negishi approach to recursive contracts

This page was built for publication: Unique Markov equilibrium under limited commitment

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q3299416)