In this paper, we study a stochastic model of bequest games where the following generation's endowment is described by a stochastic transition probability ...
In this paper, we prove the existence of a stationary Markov perfect equilibrium for a stochastic version of the bequest game.
People also ask
In this paper, we prove the existence of a stationary Markov perfect equilibrium for a stochastic version of the bequest game.
In this paper, we prove the existence of a stationary Markov perfect equilibrium for a stochastic version of the bequest game.
In this paper, we prove the existence of a stationary Markov perfect equilibrium for a stochastic version of the bequest game.
In this paper, we prove the existence of a stationary Markov perfect equilibrium for a stochastic version of the bequest game.
... stochastic bequest games | In this note, we prove the existence of a Markov perfect equilibrium in a non-stationary version of a paternalistic bequest game.
Markovian equilibrium in a class of stochastic games: existence theorems for discounted and undiscounted models · Economics · 1992.
$132.49
Book details · ISBN-10. 0792310160 · ISBN-13. 978-0792310167 · Edition. 1991st · Publisher. Springer · Publication date. December 31, 1990 · Language. English.
This chapter describes a number of results obtained in the last 60 years on the theory of non-zero-sum discrete-time stochastic games.