Browsing FGV EESP - Textos para Discussão / Working Paper Series by Author "Pereira, Ana Elisa Gonçalves"

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    • Dynamic coordination among heterogeneous agents 

      Guimarães, Bernardo de Vasconcellos; Pereira, Ana Elisa Gonçalves
      2015-03-16
      We study a dynamic model of coordination with timing frictions and payoff heterogeneity. There is a unique equilibrium, characterized by thresholds that determine the choices of each type of agent. We characterize equilibrium ...

    • Dynamic coordination with timing frictions: theory and applications 

      Guimarães, Bernardo de Vasconcellos; Machado, Caio Henrique; Pereira, Ana Elisa Gonçalves
      2017
      We start by presenting the general model of dynamic coordination with timing frictions and some key theoretical results. We prove the model features a unique rationalizable equilibrium, present a method to solve the social ...