Now showing items 7-7 of 7

    • Markov Equilibria in Dynamic Matching and Bargaining Games 

      Gale, Douglas; Sabourian, Hamid (2004-06-16)
      Rubinstein and Wolinsky (1990) show that a simple homogeneous market with exogenous matching has continuum of (non-competitive) perfect equilibria, but the unique Markov perfect equilibrium is competitive. By contrast, ...