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Strategic Foundations of General Equilibrium Dynamic Matching and Bargaining Games

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ISBN-10: 0521644100

ISBN-13: 9780521644105

Edition: 2000

Authors: Douglas Gale

List price: $56.99
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Description:

The theory of competition has held a central place in economic analysis since Adam Smith. This book, written by one of the most distinguished of contemporary economic theorists, reports on a major research program to provide strategic foundations for the theory of perfect competition. Beginning with a concise survey of how the theory of competition has evolved, Gale makes extensive and rigorous use of dynamic matching and bargaining models to provide a more complete description of how a competitive equlibrium is achieved. Whereas economists have made use of a macroscopic description of markets in which certain behavioral characteristics, such as price-taking behavior, are taken for granted,…    
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Book details

List price: $56.99
Copyright year: 2000
Publisher: Cambridge University Press
Publication date: 8/15/2000
Binding: Paperback
Pages: 234
Size: 5.51" wide x 8.50" long x 0.55" tall
Weight: 0.660
Language: English

Douglas Gale is Professor of Economics at New York University.

Markets and games
Perfect competition
Continuity and anonymity
Bounded rationality
Afterthoughts