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work is the issue of existence and uniqueness of equilibrium. We resolve this question in the affirmative, assuming the …
Persistent link: https://www.econbiz.de/10009455387
end, we derive existence and uniqueness conditions for otherwise linear models with OBCs. Our main result gives necessary …
Persistent link: https://www.econbiz.de/10012103173
In the standard CAPM with a riskless asset we prove existence of equilibria without assuming concavity of the investor …
Persistent link: https://www.econbiz.de/10004968125
belief-driven recessions. To aid in finding policies that avoid this, we derive existence and uniqueness conditions for …. We also derive equilibrium existence conditions under rational expectations for arbitrary non-linear models. …
Persistent link: https://www.econbiz.de/10013168551
This paper presents sufficient conditions for the existence of a unique and globally stable steady state equilibrium …
Persistent link: https://www.econbiz.de/10005753417
examples of duopolies with these features. However, we also find sufficient conditions for existence, and for uniqueness, of …
Persistent link: https://www.econbiz.de/10008493981
This paper studies the properties of convexity (concavity) and strategic complements (substitutes) in network formation and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity) in own links from the literature are put into the...
Persistent link: https://www.econbiz.de/10008509509
In this paper we have analyzed existence, uniqueness and stability of a steady-state equilibrium in an overlapping …
Persistent link: https://www.econbiz.de/10004985078
examples of duopolies with these features. However, we also find some sufficient conditions for existence, and for uniqueness …
Persistent link: https://www.econbiz.de/10004992503
We provide sufficient conditions for existence and uniqueness of a Cournot equilibrium. The contraction mapping … conditions suffisantes pour l'existence et l'unicité de l'équilibre de Cournot. Notre résultat s'applique aux jeux de Cournot à …
Persistent link: https://www.econbiz.de/10005100660