Overview
The theory of competition has held a central place in economic analysis since the time of 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 competition. Making use of insights from game theory, search theory and bargaining theory, the author develops a model to explain what actually goes on in markets and how a competitive general equilibrium is achieved. Essential reading for graduate courses in game theory and general equilibrium.
- | Author: Douglas Gale
- | Publisher: Cambridge University Press
- | Publication Date: Aug 28, 2000
- | Number of Pages: 232 pages
- | Binding: Hardback or Cased Book
- | ISBN-10: 0521643309
- | ISBN-13: 9780521643306
