Results 281 to 290 of about 851,914 (292)
Some of the next articles are maybe not open access.

Generic inefficiency of equilibria in the general equilibrium model with incomplete asset markets and infinite time

Economic Theory, 2003
We consider a Lucas asset-pricing model with heterogeneous agents, exogenous labor income, and a finite number of exogenous shocks. Although agents are infinitely lived, endowments and dividends are time-invariant functions of the exogenous shock alone and are thus restricted to lie in a finite-dimensional space; genericity analysis can be conducted on
Kübler, Felix, Schmedders, Karl
openaire   +3 more sources

Endogenous household formation and inefficiency in a general equilibrium model [PDF]

open access: possible, 2010
The main purpose of the paper is to show that the process of household formation in a competitive market does not necessarily lead to outcomes that are efficient at the economy level, even assuming that members of each household take efficient collective consumption decisions.
openaire  

Ventilatory inefficiency in obstructive lung disease reveals emergent PaCO2 equilibrium during exercise

Journal of Applied Physiology
Despite very different levels of obstructive lung disease and ventilatory insufficiency, [Formula: see text] and [Formula: see text] display an inverse relationship with V̇e/V̇co 2 across exercise levels.
Philippe Haouzi   +2 more
openaire   +1 more source

Magnitude of inefficiency

European Journal of Operational Research, 2021
Hisao Kameda
exaly  

Depression as a Nash Equilibrium Consisting of Strategies of Choosing a Pareto Inefficient Transition Path [PDF]

open access: possible, 2009
This paper shows that a Nash equilibrium consisting of strategies of choosing a Pareto inefficient transition path is selected by households even without frictions as a result of the revealed government failure in supervision of financial markets. The Pareto inefficiency causes the generation of many of the phenomena observed in a depression (e.g., a ...
openaire  

Assessing dynamic inefficiency of the Spanish construction sector pre- and post-financial crisis

European Journal of Operational Research, 2014
Spiro Stefanou   +2 more
exaly  

The fiscal cost of waste: procurement spending inefficiency in a general equilibrium framework

International Economics
Jorge Guerra-España   +7 more
openaire   +1 more source

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