On Myopic Equilibria in Dynamic Games with Endogenous Discounting /

This paper derives an equilibrium for a competitive multi-stage game in which an agents' current action influences his probability of survival into the next round of play. This is directly relevant in banking, where a banks' current lending and pricing decisions determines its future proba...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Bolt, Wilko
Weitere Verfasser: Tieman, Alexander
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2006.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2006/302
Schlagworte:
WP
Online Zugang:Full text available on IMF