GENERAL EQUILIBRIUM AND GAME THEORY / TEN PAPERS

Addressing central questions of finance, trade, industrial organization, and welfare economics, Mas-Colell shows the surprising powe r and versatility of differentiability and linear-space mathematical techniques, and he emphasizes the fruitfulness of cooperative g ame-theory approaches, such as Shapley value theory and the Bargaining Set, for understanding competition and distribution. General Equilibrium and Game Theory is a signal contribution to economic theory and an invaluable resource for anyone wishing to study the c raft of a...[Llegir més]