EconPapers    
Economics at your fingertips  
 

Alternative Time Patterns of Decisions and Dynamic Strategic Interactions

Pierre Cahuc and Hubert Kempf ()

Economic Journal, 1997, vol. 107, issue 445, 1728-41

Abstract: This paper offers a simple approach to study steady-state Markov perfect equilibria arising in dynamic games when players (are obliged to) commit their actions for several periods. It highlights the importance of spillovers and dynamic strategic interactions when assessing the various time patterns conceivable in such games. The obtained results are then applied to various, either micro- or macroeconomic, issues where time patterns of decisions matter. Copyright 1997 by Royal Economic Society.

Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://links.jstor.org/sici?sici=0013-0133%2819971 ... 0.CO%3B2-V&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecj:econjl:v:107:y:1997:i:445:p:1728-41

Ordering information: This journal article can be ordered from
http://www.blackwell ... al.asp?ref=0013-0133

Access Statistics for this article

Economic Journal is currently edited by Martin Cripps, Steve Machin, Woulter den Haan, Andrea Galeotti, Rachel Griffith and Frederic Vermeulen

More articles in Economic Journal from Royal Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().

 
Page updated 2025-03-22
Handle: RePEc:ecj:econjl:v:107:y:1997:i:445:p:1728-41