Strategic Foundations of General Equilibrium Dynamic Matching and Bargaining Games (Churchill Lectures in Economics) by Douglas Gale

Cover of: Strategic Foundations of General Equilibrium | Douglas Gale

Published by Cambridge University Press .

Written in English

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Subjects:

  • Econometrics,
  • Economic theory & philosophy,
  • Economic History,
  • Business & Economics,
  • Business / Economics / Finance,
  • Business/Economics,
  • Economics - Theory,
  • Game Theory,
  • Business & Economics / Economic History,
  • Competition

Book details

The Physical Object
FormatPaperback
Number of Pages232
ID Numbers
Open LibraryOL7749897M
ISBN 100521644100
ISBN 109780521644105

Download Strategic Foundations of General Equilibrium

This book 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.

"Strategic Foundations of General Equilibrium takes an important step towards rectifying this shortcoming of the general equilibrium model I found this book to be very instructive.

While the subject matter is highly technical, the author made the material as accessible as by: Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games (Churchill Lectures in Economics) - Kindle edition by Gale, Douglas.

Download it once and read it Strategic Foundations of General Equilibrium book your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games (Churchill Cited by: The general equilibrium model of competitive markets [3] ignores the strategic behavior of market participants.

Thus, establishing the strategic foundations of competitive markets has become a Author: Douglas Gale. Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games. by Douglas Gale. Cambridge University Press, xi+ pp. £ (paperback).

Adam Smith’s classic treatise An Inquiry into the Nature and Causes of the Wealth of Nations effectively laid down the foundations of the economics discipline. Implicit. Get this from a library. Strategic foundations of general equilibrium: dynamic matching and bargaining games.

[Douglas Gale] -- "This book, written by contemporary economic theorists, reports on a major research program to provide strategic foundations for the theory of perfect competition." "Beginning with a concise survey. Stanford Libraries' official online search tool for books, media, journals, databases, government documents and : Gale, Douglas.

The theory of competition has held a central place in economic analysis since 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 perfect competition.

Beginning with a concise survey of how the theory of competition has evolved, Gale makes extensive and. 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. Strategic Foundations of General Equilibrium takes an important step towards rectifying this shortcoming of the general equilibrium model I found this book to be very instructive.

While the subject matter is highly technical, the author made the material as accessible as possible. Gale has a fluent writing style." Eastern Economic Journal. Foundations of Strategic Equilibrium.

The central work on equilibrium selection is the book of Harsanyi and Selten a general property of self-enforcing assessments, for the simple reason. Scopri Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games di Gale, Douglas: spedizione gratuita per i clienti Prime e per ordini a partire da 29€ spediti da : Douglas Gale.

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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 perfect competition.

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The defining feature of a game is that the players are engaged in an “interdependent decision problem” (Schelling ). Classically, the mathematical description of a game includes following components:Cited by: This chapter examines the conceptual foundations of the concept of strategic equilibrium and its various variants and refinements.

The emphasis is very much on the underlying ideas rather than on any technical an examination of some pre-equilibrium ideas, in particular the concept of rationalizability, the concept of strategic (or Nash) equilibrium is by:   The WSPC Reference on Natural Resources and Environmental Policy in the Era of Global Change provides a comprehensive and prominent reference of various highly authoritative volumes of long-term scientific value, for milestone concepts and theories.

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Although general equilibrium theory originated in the late nineteenth century, modern elaboration and development of the theory began only in the s and s. This book focuses on the version of the theory developed in the second half of the twentieth century, referred to by Lionel McKenzie as the classical general equilibrium theory.

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Marshallian General Equilibrium Analysis 3 Marshall's Interest in General Equilibrium Analysis Marshall’s interest in general equilibrium is more than simply a conjecture of mine. In Note 20 (Note 21 of th edition) of Principles of Economics, Alfred Marshall discusses the issues of general equilibrium in hisFile Size: KB.In economics, economic equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not example, in the standard text perfect competition, equilibrium occurs at the point at which quantity demanded and quantity supplied are of: Equilibrium, Free market.The Microeconomics of Complex Economies uses game theory, modeling approaches, formal techniques, and computer simulations to teach useful, accessible approaches to real modern economies.

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