Ergodic equilibria in stochastic sequential games

Many dynamic economic situations, including certain markets, can be fruitfully modeled as binary-action stochastic sequential games. Such games have a state variable, which in the case of a market might be the inventory of the good waiting for sale. Conditional on the state, players choose in sequ...

詳細記述

書誌詳細
主要な著者: Large, J, Norman, T
フォーマット: Working paper
出版事項: University of Oxford 2008