Przeglądaj KAE Working Papers według tematu "C72"

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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 ...

    • Iterative Monotone Comparative Statics 

      Balbus, Łukasz; Olszewski, Wojciech; Reffett, Kevin; Woźny, Łukasz (2022-02)
      For an increasing upper order hemi-continuous correspondence F selfmapping sigma-complete lattice A, we first provide tight fixed-point bounds for sufficiently large iterations on F starting from any initial point a in A. ...

    • Interim Correlated Rationalizability in Large Games 

      Balbus, Łukasz; Greinecker, Michael; Reffett, Kevin; Woźny, Łukasz (2025-06)
      We provide general theoretical foundations for modeling strategic uncertainty in large distributional Bayesian games with general type spaces, using a version of interim correlated rationalizability. We then focus on the ...