The Social Viability of Money Competitive Equilibria and the Core of Overlapping Generations Economies
In this book overlapping generations economies are analysed from a game theoretical point of view and the social acceptability of consumption allocations is studied in infinite horizon models of pure exchange economieswith agents with finite lifetimes who behave cooperatively. The core of such econo...
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| Format: | eBook |
| Language: | English |
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Berlin, Heidelberg
Springer Berlin Heidelberg
1991, 1991
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| Edition: | 1st ed. 1991 |
| Series: | Lecture Notes in Economics and Mathematical Systems
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| Subjects: | |
| Online Access: | |
| Collection: | Springer Book Archives -2004 - Collection details see MPG.ReNa |
Table of Contents:
- I Introduction
- 1 The Viability of Fiat Money
- II The Overlapping Generations Model of an Exchange Economy
- II Dynamic Efficiency
- III Competitive Equilibria in a Barter, Overlapping Generations Economy
- IV Monetary Equilibria
- III The Core in Overlapping Generations Economies
- V A Characterization of the Core
- VI Competitive Equilibria and the Core. One agent per generation
- VII Competitive Equilibria and the Core. Many agents per generation
- References