Shubik, Martin - Cowles Foundation for Research in Economics, Yale University - 1984
This paper discusses the notion of "enough money" in strategic market games. In an economy with one money, m-1 markets … and no credit, in order to be able to achieve efficient trade there must be "enough money" held by all traders. In essence … "enough money" means that the noncooperative equilibrium solutions to a strategic market game is interior, in other words it …