Hierarchically Structured Economies: Models with Bilateral Exchange Institutions - Theory and Decision Library C - Willy Spanjers - Books - Springer - 9780792343981 - February 28, 1997
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Hierarchically Structured Economies: Models with Bilateral Exchange Institutions - Theory and Decision Library C 1997 edition

Willy Spanjers

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Hierarchically Structured Economies: Models with Bilateral Exchange Institutions - Theory and Decision Library C 1997 edition

In six chapters this book introduces a micro-economic model where trade takes place through a stable structure of bilateral exchange institutions. The main problem in such models is that, for well-known equilibrium concepts, equilibrium may fail to exist in the corresponding game.


182 pages, biography

Media Books     Hardcover Book   (Book with hard spine and cover)
Released February 28, 1997
ISBN13 9780792343981
Publishers Springer
Pages 182
Dimensions 155 × 235 × 12 mm   ·   449 g
Language English