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Publications of Jing Fu

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Discussion Papers

Discounted Stochastic Games, the 3M Property and Stationary Markov Perfect Equilibria

We show that all discounted stochastic games DSGs satisfying the usual assumptions have Nash payoff selection correspondences having fixed points. Our...

April 2022
DP 119
Jing Fu
Frank Page

Discussion Papers

Layered Networks, Equilibrium Dynamics, and Stable Coalitions

An important aspect of network dynamics that has been missing from our understanding of network dynamics in various applied settings is the influence...

March 2022
DP 117
Jing Fu
Frank Page
Jean-Pierre Zigrand

Discussion Papers

Parameterized State-Contingent Games, 3M Minimal Nash Correspondences, and Connectedness

Under mild assumptions on primitives, we show that all parameterized state-contingent games (PSGs) have upper Caratheodory (uC) Nash (equilibrium)...

March 2022
DP 116
Jing Fu
Frank Page

Discussion Papers

A Fixed Point Theorem for Measurable Selection Valued Correspondences Induced by Upper Caratheodory Correspondences

We show that any measurable selection valued correspondence induced by the composition of an m-tuple of real-valued Caratheodory functions with an...

March 2022
DP 115
Jing Fu
Frank Page

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Bankers' Pay and the Evolving Structure of US Banking

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