Skip to content

  Home >

Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games (Churchill Lectures in Economics)
Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games (Churchill Lectures in Economics) by Douglas Gale 0521644100 9780521644105
Stock Image - Actual Cover May Vary
 

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

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 rigorous use of dynamic matching and bargaining models to provide a more complete description of how a competitive equlibrium is achieved. Whereas economists have made use of a macroscopic description of markets in which certain behavioral characteristics, such as price-taking behavior, are taken for granted, Gale uses game theory to re-evaluate this assumption, beginning with individual agents and modelling their strategic interaction. A strategic foundation for competitive equilibrium shows how such interaction leads to competitive, price-taking behavior. Essential reading for graduate courses in game theory and general equilibrium.

Author: Douglas Gale

Language: English

Edition: 1

Binding: Paperback

Pages: 234

Publisher: Cambridge University Press

Publication Date: 2010-08-05

Our Price: $25.63

Quantity:1
ISBN: 0521644100


Condition:
Like-New [Add $0.60]
Very-Good [Add $0.40]
Good [Add $0.20]
Acceptable

Quantity:  
Description
 
Douglas Gale (Edition: 1) Paperback

* Free Shipping applies to all orders shipped to the contiguous 48 United States. Variable shipping rates apply to Alaska, Hawaii, and the American Territories (American Samoa, the U.S. Virgin Islands, and the Northern Mariana Islands) as well as International orders shipped to countries other than the USA.