Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
In this paper, we extend the noncooperative analysis of multilateral oligopoly to exchange economies with infinitely many commodities and trader types where exchange is modelled using a strategic market game with commodity money and trading posts. We prove the existence of an “active” Cournot–Nash equilibrium and its convergence to a Walras equilibrium when the economy is replicated.