Nash Equilibria of Market Games: I. Existence and Convergence
Author
Abstract
Suggested Citation
Note: CFP 506.
Download full text from publisher
References listed on IDEAS
- Shapley, Lloyd S & Shubik, Martin, 1977. "Trade Using One Commodity as a Means of Payment," Journal of Political Economy, University of Chicago Press, vol. 85(5), pages 937-968, October.
- Dubey, Pradeep & Shubik, Martin, 1979. "Bankruptcy and optimality in a closed trading mass economy modelled as a non-cooperative game," Journal of Mathematical Economics, Elsevier, vol. 6(2), pages 115-134, July.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Pradeep Dubey & Martin Shubik, 1978. "On 'On the Foundations of the Theory of Monopolistic Competition'," Cowles Foundation Discussion Papers 484, Cowles Foundation for Research in Economics, Yale University.
- Pradeep Dubey & Martin Shubik, 1978. "A Theory of Money and Financial Institutions. Part 37. The Profit Maximizing Firm: Managers and Stockholders," Cowles Foundation Discussion Papers 483, Cowles Foundation for Research in Economics, Yale University.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Shubik, Martin, 1990.
"A game theoretic approach to the theory of money and financial institutions,"
Handbook of Monetary Economics, in: B. M. Friedman & F. H. Hahn (ed.), Handbook of Monetary Economics, edition 1, volume 1, chapter 5, pages 171-219,
Elsevier.
- Martin Shubik, 1986. "A Game Theoretic Approach to the Theory of Money and Financial Institutions," Cowles Foundation Discussion Papers 805, Cowles Foundation for Research in Economics, Yale University.
- Pradeep Dubey & Martin Shubik, 1978. "On 'On the Foundations of the Theory of Monopolistic Competition'," Cowles Foundation Discussion Papers 484, Cowles Foundation for Research in Economics, Yale University.
- Meirowitz, Adam, 2005. "Deliberative Democracy or Market Democracy: Designing Institutions to Aggregate Preferences and Information," Papers 03-28-2005, Princeton University, Research Program in Political Economy.
- Dimitrios Tsomocos, 2003.
"Equilibrium analysis, banking, contagion and financial fragility,"
FMG Discussion Papers
dp450, Financial Markets Group.
- Tsomocos, Dimitrios P., 2003. "Equilibrium analysis, banking, contagion and financial fragility," LSE Research Online Documents on Economics 24826, London School of Economics and Political Science, LSE Library.
- Dimitrios P Tsomocos, 2003. "Equilibrium analysis, banking, contagion and financial fragility," Bank of England working papers 175, Bank of England.
- Dimitrios Tsomocos, 2003. "Equilibrium Analysis, Banking, Contagion and Financial Fragility," OFRC Working Papers Series 2003fe03, Oxford Financial Research Centre.
- Menzio, Guido & Shi, Shouyong & Sun, Hongfei, 2013.
"A monetary theory with non-degenerate distributions,"
Journal of Economic Theory, Elsevier, vol. 148(6), pages 2266-2312.
- Shouyong Shi & Hongfei Sun & Guido Menzio, 2009. "Monetary Theory with Non-degenerate Distributions," 2009 Meeting Papers 172, Society for Economic Dynamics.
- Guido Menzio & Shouyong Shi & Hongfei Sun, 2011. "A Monetary Theory with Non-Degenerate Distributions," PIER Working Paper Archive 11-009, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Guido Menzio & Amy Hongfei Sun & Shouyong Shi, 2011. "A Monetary Theory With Non-degenerate Distributions," Working Paper 1264, Economics Department, Queen's University.
- Shouyong Shi & Hongfei Sun & Guido Menzio, 2010. "A Monetary Theory with Non-Degenerate Distributions," 2010 Meeting Papers 598, Society for Economic Dynamics.
- Guido Menzio & Shouyong Shi & Hongfei Sun, 2011. "A Monetary Theory with Non-Degenerate Distributions," Working Papers tecipa-425, University of Toronto, Department of Economics.
- Guido Menzio & Shouyong Shi & Hongfei Sun, 2013. "A Monetary Theory with Non-degenerate Distributions," Working Papers tecipa-495, University of Toronto, Department of Economics.
- Andrés Carvajal, 2018. "Arbitrage pricing in non-Walrasian financial markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(4), pages 951-978, December.
- Toraubally, Waseem A., 2018. "Large market games, the law of one price, and market structure," Journal of Mathematical Economics, Elsevier, vol. 78(C), pages 13-26.
- Germano, Fabrizio, 2003. "Bertrand-edgeworth equilibria in finite exchange economies," Journal of Mathematical Economics, Elsevier, vol. 39(5-6), pages 677-692, July.
- Igor V. EVSTIGNEEVY & Thorsten HENS & Klaus Reiner SCHENK-HOPPE, 2010. "An evolutionary financial market model with a risk-free asset," Swiss Finance Institute Research Paper Series 10-36, Swiss Finance Institute.
- Amir, Rabah & Bloch, Francis, 2009. "Comparative statics in a simple class of strategic market games," Games and Economic Behavior, Elsevier, vol. 65(1), pages 7-24, January.
- Sjur Didrik Flåm, 2013. "Reaching Market Equilibrium Merely by Bilateral Barters," CESifo Working Paper Series 4504, CESifo.
- Munetomo Ando & Daisuke Oyama, 2002. "A model of a spatial economy with trading posts," Economics Bulletin, AccessEcon, vol. 18(1), pages 1-11.
- Ludovic A. Julien, 2017.
"Hierarchical Competition and Heterogeneous Behavior in Noncooperative Oligopoly Markets,"
Post-Print
hal-01637298, HAL.
- Ludovic A. Julien, 2017. "Hierarchical competition and heterogeneous behavior in noncooperative oligopoly markets," Working Papers hal-04141649, HAL.
- Ludovic Alexandre Julien, 2017. "Hierarchical competition and heterogeneous behavior in noncooperative oligopoly markets," EconomiX Working Papers 2017-22, University of Paris Nanterre, EconomiX.
- Bloch, Francis & Ghosal, Sayantan, 1997.
"Stable Trading Structures in Bilateral Oligopolies,"
Journal of Economic Theory, Elsevier, vol. 74(2), pages 368-384, June.
- BLOCH, Francis & GHOSAL, Sayantan, 1994. "Stable Trading Structures in Bilateral Oligopolies," LIDAM Discussion Papers CORE 1994056, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- F. Bloch & S. Ghosal, 1995. "Stable Trading Structures in Bilateral Oligopolies," Working Papers 343, Queen Mary University of London, School of Economics and Finance.
- Nikolas Tsakas & Dimitrios Xefteris & Nicholas Ziros, 2021.
"Vote Trading in Power-Sharing Systems: A Laboratory Investigation,"
The Economic Journal, Royal Economic Society, vol. 131(636), pages 1849-1882.
- Nikolas Tsakas & Dimitrios Xefteris & Nicholas Ziros, 2018. "Vote trading in power-sharing systems: A laboratory investigation," University of Cyprus Working Papers in Economics 13-2018, University of Cyprus Department of Economics, revised 25 Jul 2020.
- Nikhil Garg & Ashish Goel & Benjamin Plaut, 2021. "Markets for public decision-making," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 56(4), pages 755-801, May.
- Pradeep Dubey & Martin Shubik, 1975. "A Theory of Money and Financial Institutions. Part 24. Trade and Prices in a Closed Economy with Exogenous Uncertainty, Different Levels of Information, Money and No Futures Markets," Cowles Foundation Discussion Papers 410R, Cowles Foundation for Research in Economics, Yale University.
- Barthélemy, Jean & Mengus, Eric & Plantin, Guillaume, 2024.
"The central bank, the treasury, or the market: Which one determines the price level?,"
Journal of Economic Theory, Elsevier, vol. 220(C).
- Mengus, Eric & Barthélemy, Jean & Plantin, Guillaume, 2021. "The Central Bank, the Treasury, or the Market: Which One Determines the Price Level?," CEPR Discussion Papers 16679, C.E.P.R. Discussion Papers.
- Guillaume Plantin & Eric Mengus & Jean Barthelemy, 2022. "The Central Bank, the Treasury, or the Market: Which One Determines the Price Level?," SciencePo Working papers Main hal-03792094, HAL.
- Guillaume Plantin & Eric Mengus & Jean Barthelemy, 2022. "The Central Bank, the Treasury, or the Market: Which One Determines the Price Level?," Working Papers hal-03792094, HAL.
- Barthélemy, Jean & Mengus, Eric & Plantin, Guillaume, 2022. "The Central Bank, the Treasury, or the Market: Which One Determines the Price Level?," CEPR Discussion Papers 17407, C.E.P.R. Discussion Papers.
- Jean Barthélemy & Eric Mengus & Guillaume Plantin, 2021. "The Central Bank, the Treasury, or the Market: Which One Determines the Price Level?," Working papers 855, Banque de France.
- Goodhart, Charles A.E. & Tsomocos, Dimitrios P. & Wang, Xuan, 2023.
"Bank credit, inflation, and default risks over an infinite horizon,"
Journal of Financial Stability, Elsevier, vol. 67(C).
- Goodhart, Charles & Tsomocos, Dimitrios P & Wang, Xuan, 2023. "Bank Credit, Inflation, and Default Risks over an Infinite Horizon," CEPR Discussion Papers 18042, C.E.P.R. Discussion Papers.
- Goodhart, Charles A.E. & Tsomocos, Dimitrios P. & Wang, Xuan, 2023. "Bank credit, inflation, and default risks over an infinite horizon," LSE Research Online Documents on Economics 119771, London School of Economics and Political Science, LSE Library.
- Ghosal, Sayantan & Tonin, Simone, 2014. "Non-Cooperative Asymptotic Oligopoly in Economies with Infinitely Many Commodities," 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN 2015-23, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cwl:cwldpp:475. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Brittany Ladd (email available below). General contact details of provider: https://edirc.repec.org/data/cowleus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.