书目名称 | Hierarchically Structured Economies |
副标题 | Models with Bilatera |
编辑 | Willy Spanjers |
视频video | http://file.papertrans.cn/427/426156/426156.mp4 |
丛书名称 | Theory and Decision Library C |
图书封面 |  |
描述 | In six chapters this book introduces a micro-economic modelwhere trade takes place through a stable structure of bilateralexchange institutions.The main problem in such models is that, forwell-known equilibrium concepts, equilibrium may fail to exist in thecorresponding game. In this work an adaptation of such models -hierarchically structured economies - is introduced. Thepossibilities and limitations of the use of the concept of subgameperfect equilibrium within the context of this kind of models isdiscussed. Furthermore, it is shown that some well-known market forms,viz. Walrasian and monopolistic markets, occur as special cases. Amodification of the concept of subgame perfect equilibrium isintroduced to formulate and prove a general theorem on the existenceof equilibrium in hierarchically structured economies. |
出版日期 | Book 1997 |
关键词 | Asia; Monopol; arbitrage; equilibrium; institutions; optimization; pricing; trade |
版次 | 1 |
doi | https://doi.org/10.1007/978-1-4757-5394-3 |
isbn_softcover | 978-1-4419-4771-0 |
isbn_ebook | 978-1-4757-5394-3Series ISSN 0924-6126 Series E-ISSN 2194-3044 |
issn_series | 0924-6126 |
copyright | Springer Science+Business Media Dordrecht 1997 |