Doraszelski, Ulrich; Pakes, Ariel - In: Handbook of industrial organization : volume 3, (pp. 1887-1966). 2007
. The framework dates back to Ericson and Pakes [1995. Review of Economic Studies 62, 53–82], but it is based on equilibrium … start with an introduction to iterative techniques for computing equilibrium that are analogous to the techniques used to … computational burden of these techniques, and the mechanism implicitly used to select an equilibrium when multiple equilibria are …