Information aggregation and equilibrium multiplicity : Morris-Shin meets Grossman-Stiglitz /
This paper argues that adding endogenous information aggregation to situations where coordination is important - such as riots, self-fulfilling currency crises, bank runs, debt crises or financial crashes - yields novel insights into the multiplicity of equilibria. Morris and Shin (1998) have highli...
Main Author: | |
---|---|
Corporate Author: | |
Other Authors: | |
Format: | Book |
Language: | English |
Published: |
Cambridge, MA :
Massachusetts Institute of Technology, Dept. of Economics,
[2004]
|
Series: | Working paper (Massachusetts Institute of Technology. Department of Economics) ;
no. 04-14 |
Subjects: |
Internet
This item is not available through BorrowDirect. Please contact your institution’s interlibrary loan office for further assistance.Massachusetts Institute of Technology
Call Number: |
HB31.M415 no.04-14 |
---|