Equilibrium Models

This website presents a set of lectures on equilibrium economic models.

Multiple Agent Models

• 1. Uncertainty Traps
• 2. The Aiyagari Model
• 3. Default Risk and Income Fluctuations
• 4. Globalization and Cycles
• 5. Coase’s Theory of the Firm

Auctions & Other Applications

• 6. First-Price and Second-Price Auctions
• 7. Multiple Good Allocation Mechanisms

Rational Expectation Models

• 8. Cass-Koopmans Model
• 9. Cass-Koopmans Competitive Equilibrium
• 10. Rational Expectations Equilibrium
• 11. Stability in Linear Rational Expectations Models
• 12. Markov Perfect Equilibrium
• 13. Knowing the Forecasts of Others

Other

• 14. Troubleshooting
• 15. References
• 16. Execution Statistics