Cartelier, Jean; Breu, Mariana Rojas - In: Revue d'économie politique 119 (2009) 6, pp. 899-919
<alinea/> We present a model to analyze different equilibria that exist in an economy in which agents can choose the means of payment to use in trade ; i. e., inside or outside money. Our approach departs from the usual explanation of competition as a phenomenon related to money functions (means of...