Recursive Competitive Equilibrium: The Case of Homogeneous Households
扩展并推广了递归均衡理论，直接证明了均衡的最优性和最优的可支持性，并将四个经济应用重新表述为递归竞争均衡进行分析。
AbstractRecursive equilibrium theory is extended and generalized. Optimality of equilibria and supportability of optima are established in a direct way. Four economic applications are reformulated as recursive competitive equilibria and analyzed.