. 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 …

assumptions are satisfied, but no Nash equilibrium exists. This finding reinforces that certain additional conditions appearing in … the literature (primarily, the lower hemicontinuity of feasibility correspondences) are indispensable for equilibrium …

cases where additionally, some variables may be strategic complements. The main result here is that the equilibrium set in … such models is a non-empty, complete lattice, if, and only if, there is a unique equilibrium. Indeed, for a given parameter … techniques for exhibiting increasing equilibria or computing equilibria that use the largest or smallest equilibrium, or that use …

We present a new approach to studying equilibrium dynamics in a class of stochastic games with a continuum of players … with private types and strategic complementarities. We introduce a suitable equilibrium concept, called Markov Stationary … Nash Distributional Equilibrium (MSNDE), prove its existence, and determine comparative statics of equilibrium paths and …

admissible prices. We introduce a new equilibrium concept, called quantity constrained equilibrium (QCE), giving a unified …. Moreover, the set contains for every commodity a generalized Dreze equilibrium, being a QCE at which for that commodity no … binding trade opportunities on both supply and demand are expected, and also a generalized supply-constrained equilibrium at …