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Strategic Multilateral Exchange

Name: Strategic Multilateral Exchange
Brand: Edward Elgar Publishing Ltd
SKU: 9781858980287
Price: 147.17 EUR
Availability: InStock

General Equilibrium with Imperfect Competition

Автор: Jean Gabszewicz

Език:

Корици: С твърди корици

Издател: Edward Elgar Publishing Ltd

Наличност: Външен склад

Изпращаме след 14-20 дни

147.17 € 287.84 лв

Jean Gabszewicz's new book is devoted to the study of strategic multilateral exchange. Contrary to t...

Информация за книгата

Автор

Jean Gabszewicz

Език

Английски език

Корици

Книга - С твърди корици

Издадена

2002

страници

232

EAN

9781858980287

Enbook ID

05118165

Издател

Edward Elgar Publishing Ltd

Теглоt

511

Размери

156 x 234 x 23

Пълно описание

Jean Gabszewicz's new book is devoted to the study of strategic multilateral exchange. Contrary to the classical competitive paradigm in which agents are assumed to behave as price takers, here traders are allowed to consciously behave as strategic agents who aim to influence trade to their own advantage. This is usually done in oligopoly theory using a partial equilibrium approach while in this case a system of interrelated markets is considered. Primarily, the book discusses the game-theoretic concept of core and the relationship between core and the set of price allocations in economies embodying significant traders is explored. The author goes on to adopt a non-cooperative approach building on the concept of Nash equilibrium.