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Strategic consensus

Article Abstract:

Equilibrium retention rules in a dynamic common agency game are studied. All equilibrium paths exhibiting strategic consensus are demonstrated, where the agent takes the actions that satisfy the performance standards of all principals, and all principals lower their standards such that the agent wants to satisfy them.

Author: Dutta, Jayasri, Aidt, Toke S.
Publisher: Elsevier B.V.
Publication Name: The Journal of Mathematical Economics
Subject: Mathematics
ISSN: 0304-4068
Year: 2004

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Real indeterminacy of stationary equilibria in matching models with divisible money

Article Abstract:

The rise of real indeterminacy of stationary equilibrium in matching models with divisible money is analyzed.

Author: Shimizu, Takashi, Kamiya, Kazuya
Publisher: Elsevier B.V.
Publication Name: The Journal of Mathematical Economics
Subject: Mathematics
ISSN: 0304-4068
Year: 2006
Japan, Usage, Matching concept (Accounting)

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Competitive equilibrium with incomplete financial markets

Article Abstract:

The existence of financial equilibrium in incomplete markets is analyzed.

Author: Cass, David
Publisher: Elsevier B.V.
Publication Name: The Journal of Mathematical Economics
Subject: Mathematics
ISSN: 0304-4068
Year: 2006

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Subjects list: United States, Analysis, Forecasts and trends, Market trend/market analysis, Equilibrium (Economics)
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