Non-Walrasian equilibria and the law of one price

DOI10.1016/S0022-0531(02)00014-5zbMath1031.91038OpenAlexW1967063980MaRDI QIDQ1810431

Leonidas C. Koutsougeras

Publication date: 9 June 2003

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

Full work available at URL: https://doi.org/10.1016/s0022-0531(02)00014-5

zbMATH Keywords

ArbitrageLaw of one priceMultiple posts

Mathematics Subject Classification ID

Noncooperative games (91A10) Other game-theoretic models (91A40) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (14)

The effect of market power on risk-sharing ⋮ Arbitrage equilibria in large games with many commodities ⋮ Convergence to no arbitrage equilibria in market games. ⋮ No-arbitrage, state prices and trade in thin financial markets ⋮ Nash-implementation of competitive equilibria via a bounded mechanism ⋮ A strategic market game approach for the private provision of public goods ⋮ On Shapley-Shubik equilibria with financial markets ⋮ Competing auctions with endogenous quantities ⋮ A three way equivalence ⋮ Endogenous market integration, manipulation and limits to arbitrage ⋮ Comparative statics in a simple class of strategic market games ⋮ Convergence of strategic behavior to price taking ⋮ Large market games, the law of one price, and market structure ⋮ Arbitrage pricing in non-Walrasian financial markets

Cites Work

• The market game: Existence and structure of equilibrium
• 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
• Approximate Efficiency of Non-Walrasian Nash Equilibria

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