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, D90working papers series
Date posted: November 29, 2013
© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo5 in 0.234 seconds