How many sorting equilibria are there (generically)?

It is shown that in a generic two-jurisdiction model of the type introduced by Caplin and Nalebuff (1997), the number of sorting equilibria (with jurisdictions providing distinct policies) is finite and even.

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Year of publication:	2003-04
Authors:	Gomberg, Andrei
Institutions:	Centro de Investigación Económica (CIE), Departamento Académico de Economía

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 0303 10 pages
Source:	RePEc - Research Papers in Economics

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