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Unequal Distribution of Powers in a Wicksellian Transfer Game

Author

Listed:
  • Yoshiaki Hoshino
  • Ryuichiro Ishikawa

    (University of Tsukuba)

  • Akira Yamazaki

    (Meisei University)

Abstract

A Wicksellian transfer game is a game composed of three types of players having heterogeneous tastes and heterogeneously endowed commodities among them. In the tradition of economic theory, such a game situation has been considered to represent typical market conditions when traders face transactions among them. In this paper we are interested in finding out the nature of these transfers of commodities resulting from a Wicksellian game.

Suggested Citation

  • Yoshiaki Hoshino & Ryuichiro Ishikawa & Akira Yamazaki, 2013. "Unequal Distribution of Powers in a Wicksellian Transfer Game," Discussion Papers 24, Meisei University, School of Economics.
    • Handle: RePEc:mei:wpaper:24
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    File URL: https://keizai.meisei-u.ac.jp/upload/admin/discussion_paper/2019/03/DP_no24.pdf
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    References listed on IDEAS

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    Cited by:

    1. Akira Yamazaki, 2013. "Production Atomless Economies," Discussion Papers 25, Meisei University, School of Economics.

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