Correlated equilibria and sunspots

DOI10.1016/0022-0531(87)90067-6zbMath0649.90032OpenAlexW2016748086MaRDI QIDQ1106079

Jean Tirole, Eric S. Maskin

Publication date: 1987

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(87)90067-6

zbMATH Keywords

overlapping generationssunspotsextrinsic uncertaintyGiffen goodfinite horizon modelimperfectly correlated equilibriumtwo-period, two- commodity, two class economy

Mathematics Subject Classification ID

Economic growth models (91B62) General equilibrium theory (91B50)

Related Items (11)

Correlated equilibrium and sunspot equilibrium ⋮ Coarse correlated equilibria in linear duopoly games ⋮ The revelation of information and self-fulfilling beliefs ⋮ Multiplicity, instability and sunspots in games. ⋮ Private information and sunspots in sequential asset markets ⋮ Markets, correlation, and regret-matching ⋮ Sunspots, correlation and competition ⋮ Time and uncertainty in overlapping generations economies ⋮ The anatomy of sentiment-driven fluctuations ⋮ Learning, hypothesis testing, and rational-expectations equilibrium ⋮ Consistent collusion-proofness and correlation in exchange economies.

Cites Work

• Self-fulfilling prophecies
• Subjectivity and correlation in randomized strategies
• Cournot and Walras equilibrium
• On Endogenous Competitive Business Cycles
• Market Uncertainty: Correlated and Sunspot Equilibria in Imperfectly Competitive Economies
• Sunspots and Cycles

This page was built for publication: Correlated equilibria and sunspots