Journal Title
Title of Journal: Econ Theory Bull
|
Abbravation: Economic Theory Bulletin
|
Publisher
Springer International Publishing
|
|
|
|
|
|
Authors: Sjur Didrik Flåm
Publish Date: 2016/01/08
Volume: 4, Issue: 2, Pages: 213-229
Abstract
Many noncooperative settings require sharing of aggregate holdings—be these of natural resources production tasks or pollution permits This paper considers instances where the shared items eventually become competitively priced For that reason the solution concept incorporates features of Nash and Walras equilibria Focus is on how the concerned agents by themselves may reach an outcome of such sort A main mechanism is direct bilateral exchange repeated time and again
Keywords:
.
|
Other Papers In This Journal:
|