General equilibrium theory in economics defines the relative prices for goods and services, but does not fix the absolute values of prices. We present a theory of money in which the value of money is a time dependent "strategic variable," to be chosen by the individual agents. The idea is...

This article is connected with the conceptual foundations of the theory of economic competition, as well as with the respective effect of the concept of the new solution, derived from the mathematical theory of games. We will discuss the three main principle of distribution in the economic...