Strategic foundations of general equilibrium : dynamic matching and bargaining games
著者
書誌事項
Strategic foundations of general equilibrium : dynamic matching and bargaining games
(The Churchill lectures in economic theory)
Cambridge University Press, 2000
- : hbk
- : pbk
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注記
Includes bibliographical references (p. 208-213) and index
内容説明・目次
内容説明
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.
目次
- 1. Markets and games
- 2. Perfect competition
- 3. Continuity and anonymity
- 4. Bounded rationality
- 5. Afterthoughts.
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