An asymptotic analysis of strategic behavior for exchange economies

DOI10.1007/S00199-017-1068-6MaRDI QIDQ1798798zbMATH OpenOpenAlexFDO

Authors Leonidas C. Koutsougeras, Claudia Meo

Publication date 23 October 2018

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://www.research.manchester.ac.uk/portal/en/publications/an-asymptotic-analysis-of-strategic-behavior-for-exchange-economies(83098d6c-16d4-458e-a64f-c749619efa94).html

zbMATH Keywords

asymmetric informationconvergenceprice takingstrategic market games

Mathematics Subject Classification ID

Noncooperative games (91A10) General equilibrium theory (91B50)

Recommendations

• Convergence to no arbitrage equilibria in market games.
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Cites work

• A market game approach to differential information economies
• A strategic market game with complete markets
• A strategic market game with seigniorage costs of fiat money
• A theory of money and financial institutions. 28. The noncooperative equilibria of a closed trading economy with market supply and bidding strategles
• Approximate Efficiency of Non-Walrasian Nash Equilibria
• Approximate Walrasian Equilibria and Nearby Economies
• Convergence of strategic behavior to price taking
• Equilibrium price formation in markets with differentially informed agents
• From Nash to Walras via Shapley-Shubik.
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Cited in

(12)

• A market game approach to differential information economies
• Convergence to no arbitrage equilibria in market games.
• Asymptotic equivalence between Cournot-Nash and Walras equilibria in exchange economies with atoms and an atomless part
• An introduction to perfect and imperfect competition via bilateral oligopoly
• A necessary and sufficient condition for convergence of statistical to strategic equilibria of market games
• scientific article; zbMATH DE number 1855751 (Why is no real title available?)
• Convergence and stability of Walrasian equilibrium under asymmetric information
• Oligopoly equilibria in exchange economies: A limit theorem
• Comparative advantage with many goods: new treatment and results
• The rich are not like you and me: income, price dispersion, and consumption
• Convergence to competitive equilibria and elimination of no-trade (in a strategic market game with limit prices)
• Limit properties of equilibrium allocations of Walrasian strategic games

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