Endogenous equilibria in liquid markets with frictions and boundedly rational agents
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More about this item
KeywordsEndogenous dynamics; Nash equilibria; Bounded rationality; Transaction costs; Mean field games; Random utility;
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2011-08-15 (All new papers)
- NEP-GTH-2011-08-15 (Game Theory)
- NEP-UPT-2011-08-15 (Utility Models & Prospect Theory)
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