Accession Number:

AD0604632

Title:

MARKETS AS COOPERATIVE GAMES

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CA

Personal Author(s):

Report Date:

1955-03-07

Pagination or Media Count:

7.0

Abstract:

Markets are formulated as cooperative n-person games in which the players are divided into two camps, the buyers and the sellers, with some kind of profitable exchange going on between them. The solutions of several examples are discussed and a general notion of abstract market game is defined.

Subject Categories:

  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE