Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games

2002 ◽  
Vol 112 (480) ◽  
pp. F371-F373 ◽  
Author(s):  
Jonathan P. Thomas
Keyword(s):  
General Equilibrium ◽  
Bargaining Games ◽  
Dynamic Matching ◽  
Equilibrium Dynamic

scholarly journals Markov equilibria in dynamic matching and bargaining games

2006 ◽  
Vol 54 (2) ◽  
pp. 336-352 ◽  
Author(s):  
Douglas Gale ◽  
Hamid Sabourian
Keyword(s):  
Bargaining Games ◽  
Dynamic Matching ◽  
Markov Equilibria

scholarly journals Dynamic Matching and Bargaining Games: A General Approach

2011 ◽  
Author(s):  
Stephan Lauermann
Keyword(s):  
Bargaining Games ◽  
Dynamic Matching

Recursive methods for computing equilibria of general equilibrium dynamic Stackelberg games

1997 ◽  
Vol 14 (2) ◽  
pp. 155-173 ◽  
Author(s):  
Steve Ambler ◽  
Alain Paquet
Keyword(s):  
General Equilibrium ◽  
Stackelberg Games ◽  
Recursive Methods ◽  
Equilibrium Dynamic

scholarly journals Dynamic Matching and Bargaining Games: A General Approach

2013 ◽  
Vol 103 (2) ◽  
pp. 663-689 ◽  
Author(s):  
Stephan Lauermann
Keyword(s):  
Bargaining Games ◽  
Characterization Result ◽  
Dynamic Matching ◽  
Central Objective ◽  
Decentralized Markets

Dynamic matching and bargaining games are models of decentralized markets with trading frictions. A central objective is to investigate how equilibrium outcomes depend on the level of frictions. In particular, does the trading outcome become Walrasian when frictions become small? Existing specifications of such games provide divergent answers. This paper presents a new characterization result for competitive allocations in quasilinear economies. The characterization result is used to investigate what causes these differences and to generalize insights from the analysis of specific matching and bargaining games. (JEL C73, C78, D82, D83)

General Equilibrium Theory

1997 ◽  
Author(s):  
Ross M. Starr
Keyword(s):  
General Equilibrium ◽  
Equilibrium Theory ◽  
General Equilibrium Theory

What Did The Study of The Soviet Economy Contribute to Mainstream Economics?

2010 ◽  
pp. 39-55
Author(s):  
M. Ellman
Keyword(s):  
Economic Growth ◽  
Property Rights ◽  
General Equilibrium ◽  
Informal Sector ◽  
Institutional Economics ◽  
Soviet Economy ◽  
General Equilibrium Theory ◽  
Mainstream Economics ◽  
Universal Applicability ◽  
Soviet Experience

This article is an overview of the contribution made by economic Sovietology to mainstream economics. The long debate about the universal applicability of mainstream economics is reconsidered in the light of the Soviet experience. Information is provided on the contribution of the study of the Soviet economy to fields as diverse as the measurement of economic growth, institutional economics, economic administration, the economics of property rights, the economics of the informal sector, the economics of famines, the Austrian critique of general equilibrium theory, and incentives.

Some Developments in Economic Theory Since 1940: An Eyewitness Account

2010 ◽  
pp. 4-23 ◽  
Author(s):  
K. Arrow
Keyword(s):  
Economic Theory ◽  
General Equilibrium ◽  
Equilibrium Theory ◽  
General Equilibrium Theory ◽  
Economics Of Information ◽  
Modern Economic ◽  
Eyewitness Account ◽  
Theory Uncertainty ◽  
Professional Formation

The article considers the evolution of some branches of modern economic theory from the perspective of the authors biography as a scientist and his professional formation. It describes problems of econometrics, general equilibrium theory, uncertainty, economics of information, and growth. It is shown how different authors representing various fields came to similar conclusions simultaneously and independently, what were the problems, in response to which economists of the second half of last century developed their theories, and what were the contexts of such development.

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