Publisher Summary Competitive equilibria in economies of overlapping generations are
different from competitive equilibria in economies that have extended over finitely many …

An adaptive learning rule is exhibited for the Azariadis (1981) overlapping generations
model of a monetary economy with multiple equilibria, under which the economy may …

Publisher Summary Equilibrium with rational expectations is a central construct of modern
economic theory. The chapter studies surveys, which are primarily aimed at assessing the …

Because sunspot equilibria seem to be of central importance for an understanding of
rational expectations, we seek here to characterize completely a limited class of sunspot …

Handbook of mathematical economics | Wageningen University and Research Library catalog
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L'article propose de réinterpréter certaines difficultés rencontrées par la théorie
néoclassique lorsqu'elle traite de situations éloignées de l'échange sur un marché …

Ce texte analyse la manière dont fonctionnent les marchés financiers dans des situations
caractérisées par un doute important sur l'évaluation des valeurs fondamentales. Il montre …

We develop simple geometrical methods to study local indeterminacy, bifurcations, and
stochastic (sunspot) equilibria near a steady state, in nonlinear two dimensional economic …

Este libro es un cásico instantáneo que merece un lugar de honor junto a los clásicos
fundacionales urbanos de Harvey, Castells, y Logan y Molotch. Lo que estos autores hacen …

A scheme of plain conversation is constructed, which is a universal mechanism for all
noncooperative games with incomplete information with at least four players, in the following …