Market Uncertainty: Correlated and Sunspot Equilibria in Imperfectly Competitive Economies
From MaRDI portal
Publication:3983471
DOI10.2307/2297949zbMath0742.90024OpenAlexW2106862853MaRDI QIDQ3983471
Publication date: 27 June 1992
Published in: The Review of Economic Studies (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/2297949
sunspot equilibriumimperfectly competitive economiesmarket uncertaintynonstochastic market gamesstochastic equilibrium outcomes
Related Items
Indivisibilities, lotteries, and sunspot equilibria ⋮ Correlated equilibrium and sunspot equilibrium ⋮ General equilibrium concepts under imperfect competition: A Cournotian approach ⋮ The revelation of information and self-fulfilling beliefs ⋮ Statistical equilibrium in one-step forward looking economic models ⋮ Correlated equilibria and sunspots ⋮ Money as minimal complexity ⋮ Graphical exchange mechanisms ⋮ Price stickiness and markup variations in market games ⋮ Multiplicity, instability and sunspots in games. ⋮ Private information and sunspots in sequential asset markets ⋮ Strategic market games: an introduction. ⋮ From Nash to Walras via Shapley-Shubik. ⋮ Indeterminacy and directed search. ⋮ The relation between sunspot effects and multiplicity in incomplete markets models with numeraire assets ⋮ Local coordination and market equilibria. ⋮ Speculation and price fluctuations with private, extrinsic signals ⋮ Sunspot-like effects of random endowments ⋮ Sunspots, correlation and competition ⋮ Firm dynamics and markup variations: Implications for sunspot equilibria and endogenous economic fluctuations ⋮ Sunspot-like equilibria in an overlapping generations economy with strategic interactions ⋮ Liquid markets and competition ⋮ The market game: Existence and structure of equilibrium ⋮ The anatomy of sentiment-driven fluctuations ⋮ Decentralizing lottery allocations in markets with indivisible commodities ⋮ Large market games with demand uncertainty. ⋮ Informed trading and the `leakage' of information ⋮ A strategic market game with complete markets ⋮ Endogenous strategic business cycles ⋮ Price level volatility: A simple model of money taxes and sunspots ⋮ Equilibrium prices when the sunspot variable is continuous. ⋮ Consistent collusion-proofness and correlation in exchange economies.