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...

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Chi tiết về thư mục
Tác giả chính: Bolt, Wilko
Tác giả khác: Tieman, Alexander
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2006.
Loạt:IMF Working Papers; Working Paper ; No. 2006/302
Những chủ đề:
WP
Truy cập trực tuyến:Full text available on IMF