A Remark on Microeconomic Models of an Economy and on a Game Theoretic Interpretation of Walras Equilibria
1976-05
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A Remark on Microeconomic Models of an Economy and on a Game Theoretic Interpretation of Walras Equilibria
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1976-05
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Center for Economic Research, Department of Economics, University of Minnesota
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Working Paper
Abstract
The main purpose of this note is to
describe rigorously a game in strategic form whose
Nash equilibria coincide with the Walras equilibria
of the underlying economy. Consequently the Nash
outcomes are Pareto efficient.
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Schmeidler, D., (1976), "A Remark on Microeconomic Models of an Economy and on a Game Theoretic Interpretation of Walras Equilibria", Discussion Paper No. 68, Center for Economic Research, Department of Economics, University of Minnesota.
Suggested citation
Schmeidler, David. (1976). A Remark on Microeconomic Models of an Economy and on a Game Theoretic Interpretation of Walras Equilibria. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/54821.
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