Money, information and equilibrium in large economies

DOI10.1016/0022-0531(80)90029-0zbMath0467.90007OpenAlexW2022070225MaRDI QIDQ1156077

Douglas Gale

Publication date: 1980

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(80)90029-0

zbMATH Keywords

informationcompetitive equilibriummoneyPareto efficientlarge economiesefficient Nash equilibriumsequential economyincentive compatible

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items (3)

A new characterization of the efficiency of equilibrium with incomplete markets ⋮ Competitive equilibria and the core of overlapping generations economies ⋮ MACROECONOMIC POLICY ANALYSIS

Cites Work

• The core of a monetary economy without trust
• A characterization of the optimality of equilibrium in incomplete markets
• Inefficiency and the Demand for "Money" in a Sequence Economy
• The Price of Money in a Pure Exchange Monetary Economy with Taxation
• Money and the Decentralization of Exchange
• Straightforward Individual Incentive Compatibility in Large Economies
• On Transaction Costs, Inessential Sequence Economies and Money
• Equilibrium with Transaction Costs
• On the Role of Money and the Existence of a Monetary Equilibrium

This page was built for publication: Money, information and equilibrium in large economies