Interdisciplinary Seminar Series

Title: The Emergence of Money

Speaker: Siddhartha Sahi, Department of Mathematics, Rutgers University

Date: Tuesday, September 16, 2014 11:00am - 12:00pm

Location: DIMACS Center, CoRE Bldg, Room 431, Rutgers University, Busch Campus, Piscataway, NJ


We consider a class of commodity exchange mechanisms based on directed graphs. We show how complexity considerations lead naturally to the emergence of the star shaped graph, in which all exchanges involve a central commodity money.

This is joint work with Martin Shubik (Yale) and Pradeep Dubey (Stony Brook)

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