Agency Equilibrium
Agency may be exercised by different entities (e.g., individuals, firms, households). A given individual can form part of multiple agents (e.g., he may belong to a firm and a household). The set of agents that act in a given situation might not be common knowledge. We adapt the standard model of inc...
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2019-03-01
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Series: | Games |
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Online Access: | http://www.mdpi.com/2073-4336/10/1/14 |