Dynamic systems of social interactions
نویسندگان
چکیده
منابع مشابه
Dynamic Systems of Social Interactions
We state conditions for existence and uniqueness of equilibria in dynamic microeconomic models with an infinity of locally and globally interacting agents. Agents face repeated discrete choice problems. Their utility depends on the actions of some designated neighbors and the average choice throughout the whole population. We show that the dynamics on the level of aggregate behavior can be desc...
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15 صفحه اولEquilibria in systems of social interactions
In this paper we establish existence and uniqueness results for equilibria in systems with an infinite number of agents and with local and global social interactions. We also examine the structure of the equilibrium distribution and derive a “Markov”property for the equilibrium distribution of a class of spatially homogeneous systems.
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ژورنال
عنوان ژورنال: Journal of Economic Behavior & Organization
سال: 2010
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2009.09.007