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Pourquoi le problème monétaire de Menger reste-t-il non résolu?

  • Gilbert Bougi

    ()

    (CERGAM-CAE, Aix-Marseille Université)

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    Le problème de l’émergence et de l’utilisation d’un objet sans utilité dans l’échange se trouve au centre des préoccupations des modèles de prospection. En dépit de leur analyse institutionnelle et de leur apport en termes d’interactions stratégiques, notre article montre que ce problème posé par MENGER, il y a plus d’un siècle, demeure non résolu. Notre modèle cherche à montrer que si l’échange indirect s’installe dans une économie formée de zones d’échange, il n’est pas certain de généraliser l’utilisation d’un intermédiaire des échanges à l’économie conçue comme un immense marché. Les équilibres monétaires (le pouvoir d’achat de la monnaie) restent incertains, improbables voire impossibles.

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    File URL: http://junon.u-3mrs.fr/afa10w21/RePEc/cgm/wpaper/DR_31_0506_Bougi.pdf
    File Function: First version, 2005
    Download Restriction: no

    Paper provided by Aix-Marseille Université, CERGAM in its series CAE Working Papers with number 31.

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    Length: 18 pages
    Date of creation: Oct 2005
    Date of revision:
    Handle: RePEc:cgm:wpaper:31
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    1. Andres Alvarez, 2004. "Learning to choose a commodity-money: Carl Menger's theory of imitation and the search monetary framework," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 11(1), pages 53-78.
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    12. Berentsen, Aleksander, 2006. "On the private provision of fiat currency," European Economic Review, Elsevier, vol. 50(7), pages 1683-1698, October.
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    15. Trejos, Alberto & Wright, Randall, 1995. "Search, Bargaining, Money, and Prices," Journal of Political Economy, University of Chicago Press, vol. 103(1), pages 118-41, February.
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