Market selection with an endogenous state

Market selection with an endogenous state

This paper explores market selection in general equilibrium when the state of the economy is endogenous. Analysis of consumer survival in this case requires solution of the model’s dynamics, for which evolutionary game theory can be useful; for instance, if the state and beliefs are Markovian and ut...

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Tác giả chính:	Norman, TWL
Định dạng:	Journal article
Ngôn ngữ:	English
Được phát hành:	Elsevier 2020

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