Sunday, March 1, 2009

1. Notes on dynamic games

Yesterday I talked with Weicheng. He is interested in macro and finance these days. 'But there is only one economics', he said. Dynamic games with recursive methods may be a good example to say that there is no clear cut between micro and macro. Of course we need to pin down our interest to some extent.

2. Application in political economy: Dixit, Grossman and Gul (2000)

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