Existence of perfect equilibria in a cla
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ลukasz Balbus; Andrzej S. Nowak
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Article
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2008
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Elsevier Science
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English
โ 471 KB
In this paper we introduce a model of multigenerational stochastic games of capital accumulation where each generation consists of m different players. The main objective is to prove the existence of a perfect stationary equilibrium in an infinite horizon game. A suitable change in the terminology u