Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games (Churchill Lectures in Economics) - Hardcover
Book 1 of 3: Churchill Lectures in Economics
Synopsis
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.
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Review
"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
Book Description
Reporting on a fifteen year research program, Professor Gale makes extensive and rigorous use of dynamic matching and bargaining models to provide foundations for theory of general competitive equilibrium. Essential reading for graduate courses in game theory and general equilibrium.
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Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games (Churchill Lectures in Economics)
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Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games
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Strategic Foundations of General Equilibrium (Hardcover)
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ISBN 13: 9780521643306
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Hardcover. Condition: new. Hardcover. 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. Churchill Lectures in Economic Theory. Reporting on a fifteen year research program, Professor Gale makes extensive and rigorous use of dynamic matching and bargaining models to provide foundations for theory of general competitive equilibrium. Essential reading for graduate courses in game theory and general equilibrium. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780521643306
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Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games
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Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games (Churchill Lectures in Economics)
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Condition: New. Graduate level text for courses on game theory and general equilibrium by leading economic theorist. Series: Churchill Lectures in Economics. Num Pages: 232 pages, Illustrations. BIC Classification: KCA; KCH. Category: (P) Professional & Vocational. Dimension: 216 x 138 x 17. Weight in Grams: 38. . 2000. hardcover. . . . . Seller Inventory # V9780521643306
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Strategic Foundations of General Equilibrium (Hardcover)
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Hardcover. Condition: new. Hardcover. 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. Churchill Lectures in Economic Theory. Reporting on a fifteen year research program, Professor Gale makes extensive and rigorous use of dynamic matching and bargaining models to provide foundations for theory of general competitive equilibrium. Essential reading for graduate courses in game theory and general equilibrium. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9780521643306
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Strategic Foundations of General Equilibrium
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Reporting on a fifteen year research program, Professor Gale makes extensive and rigorous use of dynamic matching and bargaining models to provide foundations for theory of general competitive equilibrium. Essential reading for graduate courses in game theo. Seller Inventory # 446943527
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Strategic Foundations of General Equilibrium
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Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games
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