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A note on purifying mixed strategy equilibria in the search model of money

Randall Wright ()

No 9709, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: A construction of a nonsymmetric, pure-strategy equilibrium payoff-equivalent to the symmetric, mixed-strategy equilibrium.

Keywords: Monetary; theory (search for similar items in EconPapers)
Date: 1997, Revised 1997
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