Showing 1 - 10 of 25
Persistent link: https://www.econbiz.de/10001132655
Persistent link: https://www.econbiz.de/10012223959
Persistent link: https://www.econbiz.de/10003308953
Persistent link: https://www.econbiz.de/10003310856
We show that a rational expectations equilibrium need not be incentive compatible, need not be implementable as a perfect Bayesian equilibrium and may not be fully Pareto optimal, unless the utility functions are state independent. A comparison of rational expectations equilibria with core...
Persistent link: https://www.econbiz.de/10009728179
Persistent link: https://www.econbiz.de/10003133346
Persistent link: https://www.econbiz.de/10001302080
Persistent link: https://www.econbiz.de/10001598649
Persistent link: https://www.econbiz.de/10001801062
Persistent link: https://www.econbiz.de/10001974022