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  • - Models with Bilateral Exchange Institutions
    af Willy Spanjers
    1.431,95 kr.

    In six chapters this book introduces a micro-economic model where trade takes place through a stable structure of bilateral exchange institutions.The main problem in such models is that, for well-known equilibrium concepts, equilibrium may fail to exist in the corresponding game.

  • - Models with Bilateral Exchange Institutions
    af Willy Spanjers
    1.431,95 kr.

    In six chapters this book introduces a micro-economic model where trade takes place through a stable structure of bilateral exchange institutions.The main problem in such models is that, for well-known equilibrium concepts, equilibrium may fail to exist in the corresponding game.