Titlebook: Equilibrium and Dynamics; Essays in Honour of Mukul Majumdar (H. T. Warshow and Robert Irving Wa Book 1992 Mukul Majumdar 1992 economic th

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Lessons Learned from the Financial Crisis, growth theory. I’m trying to prove that the optimum solution to this infinite horizon convex programming problem, which generates a dynamic system on . has a steady state and converges to that steady state as . → ∞’. I didn’t understand what he said at the time but I was fascinated. I whispered, ‘W

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Regular Demand with Several, General Budget Constraints,, perhaps the most basic question about equilibrium — existence — is best answered in generic terms. Second, in other formulations of the model (e.g., where nominal yields are taken to be exogenous to the markets under consideration), perhaps the most critical property of equilibrium, multiplicity (

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On Perfectly Coalition-proof Nash Equilibria, level, because in real life games there are almost always possibilities for direct or indirect communication, and there are no means to prevent coalitions of players from coordinating their strategies. In summary, in important classes of noncooperative environments preplay communication is unavoida

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