Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games

ISBN-13:	9780521643306
Publisher:	Cambridge University Press
Publication date:	08/28/2000
Series:	Churchill Lectures in Economics
Pages:	232
Product dimensions:	5.51(w) x 8.50(h) x 0.71(d)
Lexile:	1410L (what's this?)

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.