-justified equilibria (USJE)---temporary equilibria for which forecasts are best uniform approximations to a selection of the equilibrium …

choose sequential contracts can be an equilibrium and that this outcome is favourable for the long-living, but is …

favourable for the long-living individuals, represent an equilibrium. …

Riley (1979)'s reactive equilibrium concept addresses problems of equilibrium existence in competitive markets with … adverse selection. The game-theoretic interpretation of the reactive equilibrium concept in Engers and Fernandez (1987) yields … the Rothschild-Stiglitz (1976)/Riley (1979) allocation as an equilibrium allocation, however multiplicity of equilibrium …

equilibrium with finite agents, but without one when modeled on the Lebesgue unit interval. We (i) establish saturated player … spaces as both necessary and sufficient for an existence result for Nash equilibrium in pure strategies, (ii) clarify the … ; mixed strategy ; behavioral strategy ; saturated probability space ; exact law of large numbers ; ex-post Nash equilibrium …

equilibrium to model collective and interactive behaviors for various economic ecologies from a perfect organizing corporation to … that a free behavior tends to be a uniform distribution. The equilibrium structure that is described by its properties of … their interactive mechanisms. The Pareto optimality of an equilibrium such as the cooperative solution to a game of prisoner …

The present paper introduces a model of dynamic equilibrium in a market, based on game theoretic approach, with …

equilibrium treatment of the same underlying economy and formulates a government guidance game where the government sets several … key parameters in a monetary economy sufficient to select a unique equilibrium. Low information and error correction are …