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Edward Elgar Publishing Money and Financial Institutions - Game Theory Essays

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Description

This volume collects Martin Shubik's seminal essays on applying game theory to monetary and financial systems, presenting a rigorous analytical framework for understanding how prices, money, and financial institutions emerge and function. Shubik explores competitive equilibrium, economic exchange, and production through game-theoretic methods, then develops a comprehensive theory of how monetary and financial systems arise from these foundational principles. The book traces Shubik's intellectual development and the influences that shaped his groundbreaking research, offering economists and scholars a detailed examination of the price system and its relationship to institutional structures. Published by Edward Elgar Publishing as part of the Economists of the Twentieth Century series, this work bridges classical economic theory with modern game theory applications, making it essential for researchers studying macroeconomics, financial theory, and institutional economics.

Key Features

Shubik's essays apply game theory methods to analyse prices, money, and the emergence of financial institutions in modern economies.

The book examines competitive equilibrium and economic exchange mechanisms, establishing how the price system functions under game-theoretic principles.

Martin Shubik develops a comprehensive theory of monetary and financial institutions rooted in game theory applications to economic systems.

Part of the Economists of the Twentieth Century series by Edward Elgar Publishing, situating Shubik's work within broader twentieth-century economic thought.

The collection traces Shubik's career development and intellectual influences, providing context for his contributions to game theory and economics.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
28 September 1999
Listed Since
16 December 2006

Barcode

No barcode data available

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