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Nonlinear dynamics from discrete time two-player status-seeking games

Abstract:

We study the dynamics of two-player status-seeking games where moves are made simultaneously in discrete time. For such games, each player's utility function will depend on both non-positional goods and positional goods (the latter entering into "status"). In order to understand the dynamics of such games over time, we sample a variety of different general utility functions, such as CES, composite log-Cobb-Douglas, and King-Plosser-Rebelo utility functions (and their various simplifications)....

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.3934/jdg.2017018

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Institution:
University of Oxford
Oxford college:
University College
Role:
Author
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Institution:
University of Oxford
Division:
MPLS
Department:
Mathematical Institute
Role:
Author
Publisher:
American Institute of Mathematical Sciences Publisher's website
Journal:
Journal of Dynamics and Games Journal website
Volume:
4
Issue:
4
Pages:
335-359
Publication date:
2017-09-01
Acceptance date:
2017-07-27
DOI:
ISSN:
2164-6066
Source identifiers:
724278
Keywords:
Pubs id:
pubs:724278
UUID:
uuid:2c1b00da-a75d-4107-ab46-95ce970d5d44
Local pid:
pubs:724278
Deposit date:
2017-08-25

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