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Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games by Douglas Gale

Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games

by Douglas Gale
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Book cover type: Hardcover
  • ISBN13: 9780521643306
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Publication Date:
  • Pages: 232
  • Original Price: GBP 113.0
  • Language: English
  • Edition: N/A
  • Item Weight: 445 grams
  • BISAC Subject(s): Economics / Theory

The theory of competition has held a central place in economic analysis since the time of Adam Smith. This book, written by one of the most distinguished of contemporary economic theorists, reports on a major research program to provide strategic foundations for the theory of competition. Making use of insights from game theory, search theory and bargaining theory, the author develops a model to explain what actually goes on in markets and how a competitive general equilibrium is achieved. Essential reading for graduate courses in game theory and general equilibrium.

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