Game theoretic models of price determination and financial intermediation
The thesis is concerned with the evolution of prices in market economies. In the first chapter we analyze price competition among firms with limited capacities in the framework of the classical Bertrand Edgeworth model. For this model it is well known that a Nash equilibrium in pure strategies may n...
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London School of Economics and Political Science (University of London)
1990
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.645251 |