Przeglądaj KAE Working Papers według autora "Dziewulski, Paweł"
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Markov distributional equilibrium dynamics in games with complementarities and no aggregate risk
Balbus, Łukasz; Dziewulski, Paweł; Reffett, Kevin; Woźny, Łukasz (2020-07)We present a new approach for studying equilibrium dynamics in a class of stochastic games with a continuum of players with private types and strategic complementarities. We introduce a suitable equilibrium concept, called ...