Hierarchically Structured Economies
- Models with Bilateral Exchange Institutions
indgår i Theory and Decision Library C serien
- Indbinding:
- Hardback
- Sideantal:
- 182
- Udgivet:
- 28. februar 1997
- Udgave:
- 1997
- Størrelse:
- 155x235x12 mm.
- Vægt:
- 990 g.
Leveringstid:
8-11 hverdage
Forventet levering: 21. november 2024
Beskrivelse af Hierarchically Structured Economies
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.
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