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200 10$aStrategic foundations of general equilibrium $edynamic matching and bargaining games /$fDouglas Gale$b[electronic resource]
210  1$aCambridge :$cCambridge University Press,$d2000.
215   $a1 online resource (xi, 219 pages) $cdigital, PDF file(s)
225 1 $aChurchill lectures in economics
300   $aTitle from publisher's bibliographic system (viewed on 05 Oct 2015).
311   $a0-521-64410-0 
311   $a0-511-01116-4 
320   $aIncludes bibliographical references (p.  208-213) and index.
327   $tMarkets and games --$tStrategic foundations of perfect competition --$tWhy strategic foundations? --$tCooperative market games --$tNon-cooperative market games --$tDynamic matching and bargaining models --$tOpen questions --$tPerfect competition --$tPure exchange economics --$tDynamic matching and bargaining games --$tEquilibrium --$tThe Edgeworth Property --$tEfficiency --$tCompetitive sequences of economies --$tExistence --$tEfficiency with discounting --$tRandom matching --$tMixed equilibria --$tA summing up --$tContinuity and anonymity --$tRubinstein and Wolinsky (1990) --$tBounded rationality and uniqueness --$tThe Limit Principle --$tRepeated games --$tLimited memory --$tLarge anonymous games --$tNon-anonymous games --$tBounded rationality --$tImitation and experimentation --$tA behavioral model of competition --$tConvergence to competitive prices --$tExtensions.
330   $aThe theory of competition has held a central place in economic analysis since Adam Smith. This book, written by one of the most distinguished of contemporary economic theorists, reports on a major research program to provide strategic foundations for the theory of perfect competition. Beginning with a concise survey of how the theory of competition has evolved, Gale makes extensive and rigorous use of dynamic matching and bargaining models to provide a more complete description of how a competitive equlibrium is achieved. Whereas economists have made use of a macroscopic description of markets in which certain behavioral characteristics, such as price-taking behavior, are taken for granted, Gale uses game theory to re-evaluate this assumption, beginning with individual agents and modelling their strategic interaction. A strategic foundation for competitive equilibrium shows how such interaction leads to competitive, price-taking behavior. Essential reading for graduate courses in game theory and general equilibrium.
410  0$aChurchill lectures in economics.
606   $aCompetition
606   $aEquilibrium (Economics)
606   $aGame theory
615  0$aCompetition.
615  0$aEquilibrium (Economics)
615  0$aGame theory.
676   $a338.6/048/015193
700   $aGale$b Douglas$0118164
801  0$bUkCbUP
801  1$bUkCbUP
906   $aBOOK
912   $a9910780089503321
996   $aStrategic foundations of general equilibrium$9468672
997   $aUNINA