Macroeconomies as Constructively Rational Games

Abstract

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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Citation Velocity: 8

Averaging 8 citations per year over the last 2 years.

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Cite this paper

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