A note on Herbert Gintis' Emergence of a price system from decentralized bilateral exchange

DOI10.2202/1935-1704.1560MaRDI QIDQ3573095zbMATH OpenOpenAlexFDO

Authors A. Mandel, N. Botta

Publication date 30 June 2010

Published in The B.E. Journal of Theoretical Economics (Search for Journal in Brave)

Full work available at URL https://halshs.archives-ouvertes.fr/halshs-00634656/file/AnalyticsGintisFinal2.pdf

zbMATH Keywords

equilibrium selectionexchange economiesbargaining games

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Special types of economic markets (including Cournot, Bertrand) (91B54) Economic dynamics (91B55)

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(2)

• From jungle to civilized economy: the power foundation of exchange economy equilibrium
• Decentralized pricing and the equivalence between Nash and Walrasian equilibrium

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