聖塔非研究所

摘要 We introduce, in the standard exchange economy mo

2016-01-13 · 已發表論文 · 更新 2026/08/30 下午12:48

摘要 We introduce, in the standard exchange economy model, market games in which 智能體s use private prices as strategies. We give conditions on the game form that ensure that the only strict Nas…

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  • 類型:已發表論文
  • 日期:2016-01-13

摘要

We introduce, in the standard exchange economy model, market games in which 智能體s use private prices as strategies. We give conditions on the game form that ensure that the only strict Nash equilibria of the game are the competitive equilibria of the underlying economy. This equivalence result has two main corollaries. First, it adds to the evidence that competitive equilibria can be strategically stable even in small economies. Second, it implies that competitive equilibria have good local stability properties under a large class of 演化ary learning dynamics.

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