Competitive Strategic Market Games
Gaël Giraud
Papiers d'Economie Mathématique et Applications from Université Panthéon-Sorbonne (Paris 1)
Abstract:
We present a fairly simple, feasible, price-quantity strategic market game for pure-exchange economies with finitely many agents, such that the set of pure Nash equilibrium outcomes coincides with the set of competitive equilibria. Our set-up encompasses incomplete, non-convex, non-transitive, and discontinuous preferences with externalities. We call such a market-game Nash-competitive.
Keywords: GAMES; PREFERENCE CHOICES (search for similar items in EconPapers)
JEL-codes: D41 D43 D51 (search for similar items in EconPapers)
Pages: 28 pages
Date: 1998
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
Working Paper: On Competitive Strategic Market Games (1994)
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:fth:pariem:98.08
Access Statistics for this paper
More papers in Papiers d'Economie Mathématique et Applications from Université Panthéon-Sorbonne (Paris 1) France; Universite de Paris I - Pantheon- Sorbonne, 12 Place de Pantheon-75005 Paris, France. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().