Affiliation:
1. NRU-HSE, Department of Macroeconomic Analysis, Moscow, Russia
Abstract
The Strategic Market Game (SMG) is the general equilibrium mechanism of
strategic reallocation of resources. It was suggested by Shapley and Shubik
in a series of papers in the 70s and it is one of the fundamentals of
contemporary monetary macroeconomics with endogenous demand for money. This
survey highlights features of the SMG and some of the most important current
applications of SMGs, especially for monetary macroeconomic analysis.
Publisher
National Library of Serbia
Subject
General Economics, Econometrics and Finance
Cited by
8 articles.
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