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Bargaining and Competition Part II: Existence
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Bargaining and Competition Part II: Existence
Bargaining and Competition Part II: Existence
DG
Douglas Gale
Douglas Gale
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1 July 1986
journal article
Published by
JSTOR
in
Econometrica
Vol. 54
(4)
,
807
https://doi.org/10.2307/1912837
Abstract
In Gale (1986) I developed a model of decentralized exchange and price formation. Agents meet at random and bargain over the terms of trade. In the absence of t...
Keywords
MODEL
BARGAINING
PRICE FORMATION
PART II
DECENTRALIZED EXCHANGE
AGENTS MEET
COMPETITION PART
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Cited by 70 articles