Analyzing Scrip Systems
Scrip systems provide a nonmonetary trade economy for exchange of resources. We model a scrip system as a stochastic game and study system design issues on selection rules to match potential trade partners over time. We show the optimality of one particular rule in terms of maximizing social welfare...
Main Authors: | , , |
---|---|
Outros Autores: | |
Formato: | Artigo |
Idioma: | en_US |
Publicado em: |
Institute for Operations Research and the Management Sciences (INFORMS)
2014
|
Acesso em linha: | http://hdl.handle.net/1721.1/89651 https://orcid.org/0000-0002-4650-1519 |