Article ID Journal Published Year Pages File Type
5062765 Economics Letters 2006 6 Pages PDF
Abstract

This paper generalizes the classical theory of economic policy to a static LQ-strategic context between n players. We show how this generalized version of controllability can profitably be used to deal with policy ineffectiveness issues and Nash equilibrium existence.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Tinbergen and Theil meet Nash: Controllability in policy games
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