Showing 1 - 2 of 2
Perfectly competitive economies are economic models with many agents, each of whom is relatively insignificant. This chapter studies the relations between the basic economic concept of competitive (or Walrasian ) equilibrium , and the game-theoretic solution concept of value . It includes the...
Persistent link: https://www.econbiz.de/10014024488
Persistent link: https://www.econbiz.de/10014024505