Gold, liquidity and secured loans in a multistage economy. I: Gold as money

DOI10.1007/BF01226944zbMath0668.90009MaRDI QIDQ1118513

Martin Shubik, Shun Tian Yao

Publication date: 1989

Published in: Journal of Economics (Search for Journal in Brave)

zbMATH Keywords

existenceexchange economycompetitive equilibriastationary stategoldfully secured loanlow information non-cooperative equilibriamultistage finite and infinite horizon strategic market game

Mathematics Subject Classification ID

Economic growth models (91B62) Other game-theoretic models (91A40)

Cites Work

• A theory of money and financial institutions. 28. The noncooperative equilibria of a closed trading economy with market supply and bidding strategles
• A strategic market game with complete markets
• Unnamed Item

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