The Ramsey steady-state conundrum in heterogeneous-agent economies.
Yili ChienYi WenPublished in: J. Econ. Theory (2024)
Keyphrases
- steady state
- markov chain
- product form
- multi agent systems
- explicit expressions
- operating conditions
- queue length
- software agents
- mobile agents
- intelligent agents
- queueing networks
- state dependent
- arrival rate
- heavy traffic
- steady states
- queue size
- machine learning
- fluid model
- feedback loop
- queueing model
- service times
- reinforcement learning