Game-Theoretic Methods in General Equilibrium Analysis

Language: English

Published by Springer, Springer Dez 2010, 2010

9048144426 / 9789048144426

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This item is printed on demand - Print on Demand Titel. Neuware -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.Springer-Verlag KG, Sachsenplatz 4-6, 1201 Wien 276 pp. Englisch.

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Title
Game-Theoretic Methods in General Equilibrium Analysis
Author
J. F. Mertens
Publisher
Springer, Springer Dez 2010
Publication year
2010
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
9048144426
ISBN 13
9789048144426
Item weight
404 grams
Dimensions
229x152x16 mm

buchversandmimpf2000

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