Nash Equilibria for a simple model of market with commodity money.

Series
Math Physics Seminar
Time
Wednesday, February 16, 2011 - 4:30pm for 1 hour (actually 50 minutes)
Location
Skiles 006
Speaker
Federico Bonetto – Georgia Tech
Organizer
Michael Loss
I'll present a simple model of market where the use of (commodity) money naturally arisefrom the agents interaction. I'll introduce the relevant notion of (Nash) equilibrium and discuss itsexistence and properties.