Rational expectation equilibrium under quasilinear preferences. A diagrammatic approach

Shou Yong Shi

doi:10.1016/0165-1765(88)90023-7

Rational expectation equilibrium under quasilinear preferences. A diagrammatic approach

Shou Yong Shi

Economics

Research output: Contribution to journal › Article › peer-review

2 Scopus citations

Abstract

Under quasilinear preferences, rational expectation equilibrium does not necessarily need the same subjective probabilities for heterogeneous agents, and equilibrium uniqueness is not guaranteed, either.

Original language	English (US)
Pages (from-to)	107-110
Number of pages	4
Journal	Economics Letters
Volume	26
Issue number	2
DOIs	https://doi.org/10.1016/0165-1765(88)90023-7
State	Published - 1988

All Science Journal Classification (ASJC) codes

Finance
Economics and Econometrics

Access to Document

10.1016/0165-1765(88)90023-7

Cite this

@article{c3591142f6e647cb90163f26ee1f6b4a,

title = "Rational expectation equilibrium under quasilinear preferences. A diagrammatic approach",

abstract = "Under quasilinear preferences, rational expectation equilibrium does not necessarily need the same subjective probabilities for heterogeneous agents, and equilibrium uniqueness is not guaranteed, either.",

author = "Shi, {Shou Yong}",

year = "1988",

doi = "10.1016/0165-1765(88)90023-7",

language = "English (US)",

volume = "26",

pages = "107--110",

journal = "Economics Letters",

issn = "0165-1765",

publisher = "Elsevier",

number = "2",

}

TY - JOUR

T1 - Rational expectation equilibrium under quasilinear preferences. A diagrammatic approach

AU - Shi, Shou Yong

PY - 1988

Y1 - 1988

N2 - Under quasilinear preferences, rational expectation equilibrium does not necessarily need the same subjective probabilities for heterogeneous agents, and equilibrium uniqueness is not guaranteed, either.

AB - Under quasilinear preferences, rational expectation equilibrium does not necessarily need the same subjective probabilities for heterogeneous agents, and equilibrium uniqueness is not guaranteed, either.

UR - http://www.scopus.com/inward/record.url?scp=45549111312&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=45549111312&partnerID=8YFLogxK

U2 - 10.1016/0165-1765(88)90023-7

DO - 10.1016/0165-1765(88)90023-7

M3 - Article

AN - SCOPUS:45549111312

SN - 0165-1765

VL - 26

SP - 107

EP - 110

JO - Economics Letters

JF - Economics Letters

IS - 2

ER -

Rational expectation equilibrium under quasilinear preferences. A diagrammatic approach

Abstract

All Science Journal Classification (ASJC) codes

Access to Document

Other files and links

Fingerprint

Cite this