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Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games

Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games

Hardcover

Series: Churchill Lectures in Economics

EconomicsGeneral Mathematics

ISBN10: 0521643309
ISBN13: 9780521643306
Publisher: Cambridge
Published: Aug 28 2000
Pages: 232
Weight: 0.98
Height: 0.69 Width: 5.50 Depth: 8.50
Language: English
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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