Equilibrium in the Jungle
Bibliographic Data
| ID | 9716273 |
|---|---|
| Authors | Michele Piccione (0000-0001-8791-9658, London School of Economics and Political Science), Ariel Rubinstein (0000-0001-9900-106X, Tel Aviv University and New York University) |
| Year | 2007 |
| Volume | 117 |
| Issue | 522 |
| Pages | 883-896 |
| Publication date | 2007-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/j.1468-0297.2007.02072.x |
| OpenAlex | W2156795617 |
| Language | EN |
| Citations received | 16 |
| References cited | 9 |
In the jungle, power and coercion govern the exchange of resources. We study a simple, stylised model of the jungle that mirrors an exchange economy. We define the notion of jungle equilibrium and demonstrate that a number of standard results of competitive markets hold in the jungle. Copyright 2007 The Author(s). Journal compilation Royal Economic Society 2007
Archaeology · Coercion (linguistics · Economics · Economy · Exchange economy · Geography · Jungle · Microeconomics · Physics · Power (physics · Simple (philosophy · Thermodynamics · Economic theories and models · Economic Theory and Institutions · Game Theory and Applications
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Political economy, institutional reconstruction, and ‘realistic utopia’
Introduction
Pareto-minimality in the jungle
Aristotle vs. Plato
Holding a Group Together
The Last Will Be First, and the First Last
The Last Will be First, and the First Last
The Strategic Foundations of Political Sovereignty
What Is Spontaneous Order
| Unique citing works | 16 |
|---|---|
| Citations per year | 0,94 |
| Citation span | 2009 - 2026 (18) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 15 |