Efficiency properties of strategic market games: An axiomatic approach

From MaRDI portal
Publication:1144477

DOI10.1016/0022-0531(80)90047-2zbMath0443.90013OpenAlexW2041922904WikidataQ56936254 ScholiaQ56936254MaRDI QIDQ1144477

Pradeep Dubey, Martin Shubik, Andreu Mas-Colell

Publication date: 1980

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(80)90047-2




Related Items (45)

Strategic market game: A dynamic programming application to money, banking and insuranceRandomization and the limit points of monopolistic competitionCournot-Walras equilibria in markets with a continuum of tradersApproximation and characterization of Nash equilibria of large gamesThe revelation of information in strategic market games. A critique of rational expectations equilibriumMoney as minimal complexityGraphical exchange mechanismsComparative statics for aggregative games. The strong concavity caseA strategic market game with secured lendingOn the existence of pure strategy equilibria in games with a continuum of playersStructure, clearinghouses and symmetryA note on enough money in a strategic market game with complete or fewer marketsPerfect competition in strategic market games with interlinked preferencesArbitrage and the flattening effect of large numbersEvolutionary, mean-field and pressure-resistance game modelling of networks securityOn the space of players in idealized limit gamesNoncooperative price taking in large dynamic marketsStrategic market games: an introduction.Nash equilibria of market games: Finiteness and inefficiencyOn Differentiated and Indivisible Commodities: An Expository Re-framing of Mas-Colell’s 1975 ModelLimit properties of equilibrium allocations of Walrasian strategic gamesOn Cournot–Nash equilibria in generalized qualitative games with a continuum of playersVertical syndication-proof competitive prices in multilateral assignment marketsEquilibrium Points of Nonatomic Games Over a Banach SpaceRepeated trade and the velocity of moneyPreference evolution and reciprocityThe demonetization of gold: transactions and the change in controlExistence and optimality of Cournot-Nash equilibria in a bilateral oligopoly with atoms and an atomless partStrategic behavior under partial cooperationEquilibrium in semimonotone market gamesEvolution and Kantian moralityCournot-Walras and Cournot equilibria in mixed markets: A comparisonAnonymous repeated games with a large number of players and random outcomesInefficiency of smooth market mechanismsA strategic market game with price and quantity strategiesEvolution of interdependent preferences in aggregative gamesIncentive-compatibility in large gamesGradients, subgradients, and economic equilibriaA simple auctioneerless mechanism with Walrasian propertiesMonopolistic behaviors and general equilibrium: A generalization of Nikaido's workWalrasian allocations without price-taking behaviorApproximate cores of replica games and economies. II: Set-up costs and firm formation in coalition production economiesCooperation and self-interest: Pareto-inefficiency of Nash equilibria in finite random gamesOn the generic inefficiency of differentiable market gamesMonopolistic competition, aggregation of competitive information, and the amount of product differentiation



Cites Work


This page was built for publication: Efficiency properties of strategic market games: An axiomatic approach