.png){kind=icon}
返回
.png){kind=icon}
.png){kind=icon}
摘要
En 中文
The canonical model of strategic complementarities between individual actions, which exhibits multiple equilibria under perfect information, is extended with heterogeneous agents and imperfect information. Agents observe their own cost of action and the history of the levels of aggregate activity. The distribution of individual characteristics evolves through a random process, and individuals are rational Bayesians. Under plausible conditions, there is a unique equilibrium with phases of high and low activity and random switches. Applications may be found in macroeconomics and revolutions.
Keyword:
EQUILIBRIUM SELECTION
BUSINESS-CYCLE
MULTIPLE
AI总结
对已上传原文的论文进行重点信息的提取，主要内容包括：简要概述、研究摘要、背景介绍、关键亮点、图文解析、展望与总结。
期刊
IF:
12.7
论文数:
1.2K
被引数:
4.1W
机构
暂无机构信息
引用论文
.png){kind=icon}
分享.png){kind=icon}
收藏A NEW APPROACH TO THE ECONOMIC-ANALYSIS OF NONSTATIONARY TIME-SERIES AND THE BUSINESS-CYCLE一种非平稳时间序列和商业周期经济分析的新方法.png)
ECONOMETRICA.png)
ECONOMETRICAIF7.1
PREAI
分享收藏EQUILIBRIUM SELECTION IN IMPERFECTLY COMPETITIVE ECONOMIES WITH MULTIPLE EQUILIBRIAECONOMIC JOURNAL
ECONOMIC JOURNALIF3.6
PREAI
分享收藏
查看更多内容