Strategic Interactions in a One-Sector Growth Model

被引：1

作者：

Fesselmeyer, Eric ^{[1
]}

Mirman, Leonard J. ^{[2
]}

Santugini, Marc ^{[3
,4
]}

机构：

[1] Natl Univ Singapore, Dept Econ, Singapore 117548, Singapore

[2] Univ Virginia, Dept Econ, Charlottesville, VA USA

[3] HEC Montreal, Dept Appl Econ, Montreal, PQ, Canada

[4] HEC Montreal, CIRPEE, Montreal, PQ, Canada

来源：

DYNAMIC GAMES AND APPLICATIONS | 2016年 / 6卷 / 02期

关键词：

Capital accumulation; Dynamic game; Growth; Investment; Technical progress; ECONOMIC-GROWTH; FISH WARS; UNCERTAINTY;

D O I：

10.1007/s13235-015-0150-6

中图分类号：

O1 [数学];

学科分类号：

0701 ; 070101 ;

摘要：

We study the effect of dynamic and investment externalities in a one-sector growth model. In our model, two agents interact strategically in the utilization of capital for consumption, savings, and investment in technical progress. We consider two types of investment choices: complements and substitutes. For each case, we derive the equilibrium and provide the corresponding stationary distribution. We then compare the equilibrium with the social planner's solution.

引用

页码：209 / 224

页数：16

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