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This paper analyzes farsighted stable sets when agents have heterogeneous expectations over the dominance paths. We consider expectation functions satisfying two properties of path-persistence and consistency. We show that farsighted stable sets with heterogeneous expectations always exist and...
Persistent link: https://www.econbiz.de/10011660644
This paper analyzes farsighted stable sets when agents have heterogeneous expectations over the dominance paths. We consider expectation functions satisfying two properties of justifiability and maximality. We characterize singleton farsighted stable sets with heterogeneous expectations in...
Persistent link: https://www.econbiz.de/10012927833
This paper analyzes farsighted stable sets when agents have heterogeneous expectations over the dominance paths. We consider expectation functions satisfying two properties of path-persistence and consistency. We show that farsighted stable sets with heterogeneous expectations always exist and...
Persistent link: https://www.econbiz.de/10012959123
Persistent link: https://www.econbiz.de/10012430226
This paper analyzes farsighted stable sets when agents have heterogeneous expectations over the dominance paths. We consider expectation functions satisfying the two properties of justifiability and maximality and define stable alternatives as endpoints of the expectation function of some agent...
Persistent link: https://www.econbiz.de/10012908739
This paper analyzes farsighted stable sets when agents have heterogeneous expectations over the dominance paths. We consider expectation functions satisfying two properties of path-persistence and consistency. We show that farsighted stable sets with heterogeneous expectations always exist and...
Persistent link: https://www.econbiz.de/10012952689
This paper analyzes farsighted stability when agents have heterogeneous expectations over the dominance paths. We consider expectation functions satisfying the two properties of justifiability and maximality and define stable alternatives as unique stationary points of the expectation function...
Persistent link: https://www.econbiz.de/10012868985