Potential dynamic games with timing frictions

Detalhes bibliográficos
Autor(a) principal: Souza, Nicolas Pimentel de
Data de Publicação: 2019
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/27476
Resumo: Nesse presente trabalho, nós propomos duas alternativas para tornar o modelo do Frankel and Pauzner [2000] analiticamente mais tratável. Primeiro, nós mostramos que é possível resolver recursivamente o modelo ao maximizar a função de utilidade de um único agente representativo, o que nos permite, portanto, aplicar os ferramentais de programação dinâmica. Além disso, é proposto um método numérico que nos ajudaria a realizar algumas estáticas comparativas quando os choques presentes no modelo são relativamente pequenos em relação às fricções.
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spelling Souza, Nicolas Pimentel deEscolas::EESPMachado, Caio HenriqueCamargo, Bráz Ministério deGuimarães, Bernardo de Vasconcellos2019-06-03T12:40:08Z2019-06-03T12:40:08Z2019-05-16http://hdl.handle.net/10438/27476Nesse presente trabalho, nós propomos duas alternativas para tornar o modelo do Frankel and Pauzner [2000] analiticamente mais tratável. Primeiro, nós mostramos que é possível resolver recursivamente o modelo ao maximizar a função de utilidade de um único agente representativo, o que nos permite, portanto, aplicar os ferramentais de programação dinâmica. Além disso, é proposto um método numérico que nos ajudaria a realizar algumas estáticas comparativas quando os choques presentes no modelo são relativamente pequenos em relação às fricções.In this dissertation, we propose two distinct approaches in order to improve the Frankel and Pauzner (2000) model tractability. We first show that, using the notion of potential functions, we could solve the model recursively by maximizing the utility of a single representative agent, allowing us, therefore, to use the dynamic programming toolbox. Additionally, we propose a numerical method that would permit us do some comparative statics when the shocks are relatively small compared to the frictions.engPotential functionsStochasticDynamic gamesFunção potencialJogos dinâmicosEstocásticosEconomiaTeoria dos jogosProcesso estocásticoModelos matemáticosEconomiaPotential dynamic games with timing frictionsinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisinfo:eu-repo/semantics/openAccessreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVORIGINALDissertation_Nicolas.pdfDissertation_Nicolas.pdfPDFapplication/pdf601746https://repositorio.fgv.br/bitstreams/0071428d-85b5-46ea-8f8c-b5feb67da0f1/downloadc8109d8b0f3a255fbb2729a694ed27d8MD51LICENSElicense.txtlicense.txttext/plain; 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dc.title.eng.fl_str_mv Potential dynamic games with timing frictions
title Potential dynamic games with timing frictions
spellingShingle Potential dynamic games with timing frictions
Souza, Nicolas Pimentel de
Potential functions
Stochastic
Dynamic games
Função potencial
Jogos dinâmicos
Estocásticos
Economia
Teoria dos jogos
Processo estocástico
Modelos matemáticos
Economia
title_short Potential dynamic games with timing frictions
title_full Potential dynamic games with timing frictions
title_fullStr Potential dynamic games with timing frictions
title_full_unstemmed Potential dynamic games with timing frictions
title_sort Potential dynamic games with timing frictions
author Souza, Nicolas Pimentel de
author_facet Souza, Nicolas Pimentel de
author_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EESP
dc.contributor.member.none.fl_str_mv Machado, Caio Henrique
Camargo, Bráz Ministério de
dc.contributor.author.fl_str_mv Souza, Nicolas Pimentel de
dc.contributor.advisor1.fl_str_mv Guimarães, Bernardo de Vasconcellos
contributor_str_mv Guimarães, Bernardo de Vasconcellos
dc.subject.eng.fl_str_mv Potential functions
Stochastic
Dynamic games
topic Potential functions
Stochastic
Dynamic games
Função potencial
Jogos dinâmicos
Estocásticos
Economia
Teoria dos jogos
Processo estocástico
Modelos matemáticos
Economia
dc.subject.por.fl_str_mv Função potencial
Jogos dinâmicos
Estocásticos
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Teoria dos jogos
Processo estocástico
Modelos matemáticos
Economia
description Nesse presente trabalho, nós propomos duas alternativas para tornar o modelo do Frankel and Pauzner [2000] analiticamente mais tratável. Primeiro, nós mostramos que é possível resolver recursivamente o modelo ao maximizar a função de utilidade de um único agente representativo, o que nos permite, portanto, aplicar os ferramentais de programação dinâmica. Além disso, é proposto um método numérico que nos ajudaria a realizar algumas estáticas comparativas quando os choques presentes no modelo são relativamente pequenos em relação às fricções.
publishDate 2019
dc.date.accessioned.fl_str_mv 2019-06-03T12:40:08Z
dc.date.available.fl_str_mv 2019-06-03T12:40:08Z
dc.date.issued.fl_str_mv 2019-05-16
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
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url http://hdl.handle.net/10438/27476
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language eng
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