Hierarchically Structured Economies
Language: English
Published by Springer US, Springer US Feb 1997, 1997
- Hardcover
- New
Seller: buchversandmimpf2000, Emtmannsberg, BAYE, Germanybuchversandmimpf2000
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Condition: New
£ 92.92
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Add to basketItem description from seller
This item is printed on demand - Print on Demand Titel. Neuware -In six chapters this book introduces a micro-economic model where trade takes place through a stable structure of bilateral exchange institutions.The main problem in such models is that, for well-known equilibrium concepts, equilibrium may fail to exist in the corresponding game. In this work an adaptation of such models - hierarchically structured economies - is introduced. The possibilities and limitations of the use of the concept of subgame perfect equilibrium within the context of this kind of models is discussed. Furthermore, it is shown that some well-known market forms, viz. Walrasian and monopolistic markets, occur as special cases. A modification of the concept of subgame perfect equilibrium is introduced to formulate and prove a general theorem on the existence of equilibrium in hierarchically structured economies.Springer-Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg 192 pp. Englisch.
Seller Inventory # 9780792343981
- Title
- Hierarchically Structured Economies
- Author
- Willy Spanjers
- Publisher
- Springer US, Springer US Feb 1997
- Publication year
- 1997
- Condition
- Neu
- Binding
- Buch
- Language
- English
- ISBN 10
- 0792343980
- ISBN 13
- 9780792343981
- Item weight
- 459 grams
- Dimensions
- 241x160x16 mm
"Synopsis" may belong to another edition of this title.
buchversandmimpf2000
Emtmannsberg, BAYE, Germany
AbeBooks seller since January 23, 2017
Shipping rates from Germany to U.S.A.
| Item | 60 to 60 business days | 60 to 60 business days |
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| First item | £ 50.59 | £ 63.24 |
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