Values of Markets with a Continuum of Traders

Robert Aumann

Chapter 5 in Selected Contributions to Game Theory, 2025, pp 115-168 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionThe Value in Finite GamesThe Value in Continuous GamesDifferentiability, Smoothness, and Uniform SmoothnessDescription of Model and Statement of ResultsInterpretationAn ExampleAn Unrigorous Demonstration of the ResultsDiscussion of Smoothness and Some Counter-ExamplesDiscussion of the Uniformity ConditionsThe Theory in a Cardinal ContextDiscussion of the LiteratureProof of Proposition 5.1Toward the Proof of Proposition 5.2Proof of the Value Equivalence TheoremAppendix: Marginal and “True” ContributionsReferences

Keywords: Economics; Economic Theory; Game Theory (search for similar items in EconPapers)
JEL-codes: C7 C70 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789811222610_0005 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789811222610_0005 (text/html)
Ebook Access is available upon purchase.

Related works:
Journal Article: Values of Markets with a Continuum of Traders (1975)
Working Paper: Values of markets with a continuum of traders (1975)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789811222610_0005

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().