This paper develops a dynamic evolutionary model in which agents make choices on the basis of relative performance criteria. We distinguish two classes of learned behavior: imitative dynamics and a new class of dynamics, ...
In this paper we consider Anonymous Sequential Games with Aggregate Uncertainty. We prove existence of equilibrium when there is a general state space representing aggregate uncertainty. when the economy is stationary and ...
In this paper we consider Anonymous Sequential Games with Aggregate Uncertainty. We prove existence of equilibrium when there is a general state space representing aggregate uncertainty. When the economy is stationary and ...
This paper develops a general repeated game model over an arbitrary time domain. The paper considers the issue of formulating strategic behaviour in a general framework which includes continuous time behaviour. There are ...
This paper provides a review of some recent results on implementation in incomplete information environments. This literature is concerned with characterizing the class
of social choice functions that can be implemented ...
In this paper we extend a result of Jovanovic and Rosenthal (Anonymous sequential games, Journal of Mathematical Economics 17, 1988) on the existence of equilibrium in Anonymous Sequential Games. Jovanovic and Rosenthal ...
In this paper we consider Anonymous Sequential Games with Aggregate Uncertainty. We prove existence of equilibrium when there is a general state space representing aggregate uncertainty. When the economy is stationary and ...