A market game approach to differential information economies
A-market-game.pdf (150.0Kb)Abstract
In this paper we recast a differential information economy as a strategic game in which players propose net trades and prices. Pure strategy Nash equilibria are strong and determine both consumption plans and commodity prices that coincide with the Walrasian Expectations equilibria of the underlying economy.
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Artículo de publicación ISI
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URI: https://repositorio.uchile.cl/handle/2250/148317
DOI: DOI https://doi.org/10.1007/s00199-006-0170
ISSN: 0938-2259
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Economic Theory, volume 38, issue 2, pages 321-330 2009
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