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Barley, Gold, or Fiat: Toward a Pure Theory of Money

Thomas Quint and Martin Shubik

Published in print:
2014
Published Online:
May 2014
ISBN:
9780300188158
eISBN:
9780300199222
Item type:
book
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300188158.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

This book is about using game theory to model money and financial institutions. Using the backdrop of a simple two-good economy with two continua of traders, we propose a strategic market game to ... More


Minimal Institutions: Game Theory and Gaming

Martin Shubik and Eric Smith

in The Guidance of an Enterprise Economy

Published in print:
2016
Published Online:
May 2017
ISBN:
9780262034630
eISBN:
9780262337540
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262034630.003.0002
Subject:
Economics and Finance, Econometrics

The General Equilibrium system provides a pre-institutional modeling structure appropriate to studying many allocative properties of the price system. The economies we live in ere encompassed by ... More


Money and Context

Thomas Quint and Martin Shubik

in Barley, Gold, or Fiat: Toward a Pure Theory of Money

Published in print:
2014
Published Online:
May 2014
ISBN:
9780300188158
eISBN:
9780300199222
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300188158.003.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

We explain the main idea of the book—namely, to show how to model money and financial institutions using game theory. This represents a departure from the traditional general equilibrium and monetary ... More


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