Giannitsarou, Chryssi; Toxvaerd, Flavio - C.E.P.R. Discussion Papers - 2007
The present paper contributes to the literature on dynamic games with strategic complementarities, in two interrelated … ways. First, we identify a class of dynamic complete information games in which intertemporal complementarities and … results from the literature on global games can be applied to select a unique Markov perfect equilibrium in monotone …