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Production Games and Price Dynamics

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Abstract

This note considers production (or market) games with transferable utility. It brings out that, in many cases, explicit core solutions may be defined by shadow prices — and reached via quite natural dynamics.

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© 2005 Springer Science+Business Media, Inc.

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Flåm, S.D. (2005). Production Games and Price Dynamics. In: Haurie, A., Zaccour, G. (eds) Dynamic Games: Theory and Applications. Springer, Boston, MA. https://doi.org/10.1007/0-387-24602-9_4

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