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Hierarchically Structured Economies

- Models with Bilateral Exchange Institutions

Bag om 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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  • Sprog:
  • Engelsk
  • ISBN:
  • 9781441947710
  • Indbinding:
  • Paperback
  • Sideantal:
  • 182
  • Udgivet:
  • 6. december 2010
  • Udgave:
  • 11997
  • Størrelse:
  • 210x279x10 mm.
  • Vægt:
  • 485 g.
Leveringstid: 8-11 hverdage
Forventet levering: 21. november 2024

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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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