Speculative and hedging interaction model in oil and U.S. dollar markets: Nash equilibria for one or more banks
We determine the (refined) Nash equilibria for a bounded rational Carfi'-Musolino speculative and hedging model. This model shows two types of operators: a real economic subject (Air) and one or more investment banks (Bank). We consider the bank agents' behavior to equilibrate much more q...
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| Format: | Article |
| Language: | English |
| Published: |
Accademia Peloritana dei Pericolanti
2018-08-01
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| Series: | Atti della Accademia Peloritana dei Pericolanti : Classe di Scienze Fisiche, Matematiche e Naturali |
| Online Access: |
http://dx.doi.org/10.1478/AAPP.96S1A1
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