Game-Theoretic Methods in General Equilibrium Analysis (Hardcover, 1994 ed.)

JEAN-FRANQOIS MERTENS This book presents a systematic exposition of the use of game theoretic methods in general equilibrium analysis. Clearly the first such use was by Arrow and Debreu, with the "birth" of general equi librium theory itself, in using Nash's existence theorem (or a generalization) to prove the existence of a competitive equilibrium. But this use appeared possibly to be merely tech nical, borrowing some tools for proving a theorem. This book stresses the later contributions, were game theoretic concepts were used as such, to explain various aspects of the general equilibrium model. But clearly, each of those later approaches also provides per sea game theoretic proof of the existence of competitive equilibrium. Part A deals with the first such approach: the equality between the set of competitive equilibria of a perfectly competitive (i.e., every trader has negligible market power) economy and the core of the corresponding cooperative game."

General

Imprint:	Springer
Country of origin:	Netherlands
Series:	NATO Science Series D:, 77
Release date:	May 2003
First published:	1994
Editors:	J. F. Mertens • Sylvain Sorin
Dimensions:	297 x 210 x 17mm (L x W x T)
Format:	Hardcover
Pages:	268
Edition:	1994 ed.
ISBN-13:	978-0-7923-3011-0
Categories:	Books > Business & Economics > Economics > Econometrics > General Promotions
LSN:	0-7923-3011-0
Barcode:	9780792330110

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!