General Equilibrium and Game Theory: Ten Papers

(8)
General Equilibrium and Game Theory: Ten Papers image
ISBN-10:

0674728734

ISBN-13:

9780674728738

Edition: Illustrated
Released: Jan 04, 2016
Format: Hardcover, 256 pages

Description:

Andreu Mas-Colell revolutionized our understanding of competitive markets, price formation, and the behavior of market participants. General Equilibrium and Game Theory offers readers a compendium of his most important scholarly contributions, gathering in a single volume the groundbreaking papers that have solidified his standing as one of the preeminent economic theorists of our time.

Built upon the foundations of neoclassical economics, Mas-Colell’s work is distinguished by a mathematical and analytical elegance that brings theory closer to real-world situations. He overturns the standard assumption of general equilibrium theory―that markets are perfectly competitive and their participants are perfectly rational―and concludes that neither the law of supply and demand nor the existence of equilibrium prices depends on the rationality of agents. Similarly, Mas-Colell (working with Sergiu Hart) challenges classical game theory’s reliance on rational behavior, demonstrating that adaptation and learning shape the dynamics of repeated games.

Addressing central questions of finance, trade, industrial organization, and welfare economics, Mas-Colell shows the surprising power and versatility of differentiability and linear-space mathematical techniques, and he emphasizes the fruitfulness of cooperative game-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 craft of a master of economic modeling.

Best prices to buy, sell, or rent ISBN 9780674728738




Frequently Asked Questions about General Equilibrium and Game Theory: Ten Papers

You can buy the General Equilibrium and Game Theory: Ten Papers book at one of 20+ online bookstores with BookScouter, the website that helps find the best deal across the web. Currently, the best offer comes from and is $ for the .

The price for the book starts from $63.99 on Amazon and is available from 12 sellers at the moment.

If you’re interested in selling back the General Equilibrium and Game Theory: Ten Papers book, you can always look up BookScouter for the best deal. BookScouter checks 30+ buyback vendors with a single search and gives you actual information on buyback pricing instantly.

As for the General Equilibrium and Game Theory: Ten Papers book, the best buyback offer comes from and is $ for the book in good condition.

The General Equilibrium and Game Theory: Ten Papers book is in very low demand now as the rank for the book is 8,658,065 at the moment. A rank of 1,000,000 means the last copy sold approximately a month ago.

Not enough insights yet.