Macroeconomies as Constructively Rational Games


Real-world decision-makers are forced to be locally constructive, in the sense that their actions are constrained by their interaction networks, information, beliefs, and physical states. This study poses the following question: Suppose utility-seeking consumers and pro t-seeking rms in an otherwise standard dynamic macroeconomic model are required to be… (More)


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@inproceedings{Sinitskaya2014MacroeconomiesAC, title={Macroeconomies as Constructively Rational Games}, author={Ekaterina Sinitskaya}, year={2014} }