Changes
Jump to navigation
Jump to search
← Older edit
Baron (2001) - Theories of Strategic Nonmarket Participation
(view source)
Revision as of 19:14, 29 September 2020
639 bytes added
,
19:14, 29 September 2020
no edit summary
{{Article
|Has page=Baron (2001) - Theories of Strategic Nonmarket Participation
|Has bibtex key=
|Has article title=Theories of Strategic Nonmarket Participation
|Has author=Baron
|Has year=2001
|In journal=
|In volume=
|In number=
|Has pages=
|Has publisher=
}}
*This page is part of a series under [[PHDBA279A]]
*This page is referenced in [[BPP Field Exam Papers]]
===Conditions for an SPNE===
Baron (or Rui) define equilibrium as a triple <math>c_{g}^{\ast}(x), c_{h}^{\ast}(x), x^{\ast})</math> is defined as:
* <math>x^{\ast}\in\arg\max_{x}[u_{e}(x)+c_{g}^{\ast}(x)+c_{h}^{\ast}(x)]</math>.
* <math>c_{j}^{\ast}\in\arg\max_{c_{j}}[-\beta[x^{\ast}-z_{j}]^{2}-c_{j}^{\ast}(x^{\ast})]m j=g,h</math>.
* <math>c_{j}=\tau_{j}+u_{j}(x), j=h,g</math>, "Truth Telling."
Bernheim and Whinston (1984) provide four necessary and sufficient conditions for a sub-game perfect Nash equilibrium in this model. In the notion of the model, these are:
Ed
Bureaucrats
,
Interface administrators
,
Administrators (Semantic MediaWiki)
,
Administrators
7,614
edits
Navigation menu
Personal tools
Log in
Request account
Namespaces
Page
Discussion
Variants
Views
Read
View source
View history
More
Search
Navigation
Sites
Wiki
Articles
Sections
Projects
Papers in Development
Paper Reviews
Team Members
Legislation
Research Computing
Organizations
Incubator Project
McNair Center
Berkeley's BPP Group
NBER Patent Data
Help
General help
Team help
Administration
Access RDP Server
Batch Upload Files
Tools
Special pages
Printable version