Agency Equilibrium
Keyword(s):
Agency may be exercised by different entities (e.g., individuals, firms, households). A given individual can form part of multiple agents (e.g., he may belong to a firm and a household). The set of agents that act in a given situation might not be common knowledge. We adapt the standard model of incomplete information to model such situations.
1995 ◽
Vol 53
◽
pp. 598-599
Keyword(s):
2020 ◽
Vol 112
(1)
◽
pp. 387-394
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