Competitive and Sequential Equilibria in Economies with Time-Dependent Preferences
University of Oxford - Department of Economics
November 26, 2013
We show that in exchange economies with time-dependent preferences and sophisticated agents competitive and sequential equilibria are equivalent.
Number of Pages in PDF File: 18
Keywords: time-dependent preferences, competitive equilibrium, sequential equilibrium, equilibrium equivalence
JEL Classification: D51, D90
Date posted: November 29, 2013
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