Wyświetlanie pozycji 1-4 z 4

    • On uniqueness of time-consistent Markov policies for quasi-hyperbolic consumers under uncertainty 

      Balbus, Łukasz; Reffett, Kevin; Woźny, Łukasz (2016-11)
      We give a set of sufficient conditions for uniqueness of a time-consistent Markov stationary consumption policy for a quasi-hyperbolic household under uncertainty. To the best of our knowledge, this uniqueness result is ...
    • 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. ...
    • Local versions of Tarski’s theorem for correspondences 

      Balbus, Łukasz; Olszewski, Wojciech; Reffett, Kevin; Woźny, Łukasz (2023-03)
      For a strong set order increasing (resp., strongly monotone) upper order hemicontinuous correspondence mapping a complete lattice A into itself (resp., a sigma-complete lattice into itself), we provide conditions for tight ...