Completed
Outline of the presentation
Class Central Classrooms beta
YouTube videos curated by Class Central.
Classroom Contents
Regime Switching in Dynamic Games with Hyperbolic Discounting
Automatically move to the next video in the Classroom when playback concludes
- 1 Intro
- 2 Motivation
- 3 Outline of the presentation
- 4 Previous works endogenous regime shifts with standard discounting
- 5 Previous works: endogenous regime shifts with time-inconsistent temporal preferences
- 6 A reminder: time consistent strategies with non-constant discounting
- 7 Heterogeneous discounting
- 8 Dynamic programming equation (DPE) in continuous time
- 9 Cooperative solutions in a two-player differential game
- 10 The switching point: a non totally rational proposal
- 11 Numerical example: A resource extraction model with technology adoption
- 12 Numerical example: New product introduction
- 13 Previous works: Endogenous regime swifts. Several decision makers. Standard discounting
