Levando, Dmitry - In: Economic Annals 57 (2012) 194, pp. 63-106
The Strategic Market Game (SMG) is the general equilibrium mecha-nism 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...