Efficient taxation of sugar‐sweetened beverages and missing markets for sugar content
The Scandinavian Journal of Economics, Volume 127, Issue 3, Page 576-612, July 2025.Abstract This paper identifies missing markets for the sugar content of sugar‐sweetened beverages (SSBs) as a novel foundation of soft drink taxation. If the social marginal value of sugar content is negative, then missing price signals imply an inefficiently high sugar content. Efficiency is restored with a tax on the sugar content per unit of the SSB,
Thomas Eichner, Marco Runkel
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Equilibrium and Tâtonnement in Walras's Eléments
History of economic ideas, 2005 Two alternative interpretations of the equilibrium notion employed by Walras in the Elements and related writings have been recurrently suggested in the literature: a ‘stationary’ interpretation and an ‘instantaneous’ (specifically, temporary) one. Such persistent oscillations in the reading of Walras’s equilibrium concept lead one to suspect that some
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Cournot-Walras equilibrium as a subgame perfect equilibrium [PDF]
In this paper, we investigate the problem of the strategic foundation of the Cournot-Walras equilibrium approach. To this end, we respecify à la Cournot-Walras the mixed version of a model of simultaneous, noncooperative exchange, originally proposed by
Busetto, Francesca +2 more
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De la fixité de valeur de l'étalon monétaire / [Leon Walras] [S.l. : s.n., 1882?] (Paris : Parent Davy) [PDF]
, 1882 De la fixité de valeur de l'étalon monétaire / [Leon Walras] [S.l. : s.n., 1882?] (Paris : Parent Davy) 8 p. ; 25 cm Nome dell'A. in calce Già pubbl.
Walras, Léon
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Unified gross substitutes and inverse isotonicity for equilibrium problems
Theoretical Economics, Volume 20, Issue 3, Page 941-971, July 2025.We introduce a notion of substitutability for correspondences and establish a monotone comparative static result. More precisely, we introduce the notions of unified gross substitutes and nonreversingness and show that if Q:P⇉Q is a supply correspondence defined on a set of prices P, which is a sublattice of RN, and Q satisfies these two properties ...
Alfred Galichon +2 more
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Bifurcations in a multicomponent Walras-type system under lack of information
Vestnik Samarskogo Gosudarstvennogo Tehničeskogo Universiteta. Seriâ: Fiziko-Matematičeskie Nauki, 2012 We consider a Walras-type equilibrium model with a supply function specified by A. A. Shananin. In order to investigate a stability of market equilibrium under lack of information we develop a distributed model where price becomes discrete space variable.
Anna S Pivovarova
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Economía monetaria-economía de trueque: la cuestión de la unidad de cuenta común
Lecturas de Economía, 2010 Se puntualizan algunas dificultades del análisis de la unidad de cuenta mediante el examen sucesivo de la teoría del arbitraje en Walras, la teoría de las formas del valor en Marx y la teoría de las tasas propias de interés en Keynes.
Carlo Benetti
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Marshall versus Walras on Equilibrium and Time [PDF]
The aim of this paper is to ponder upon Marshall’s conception of equilibrium and to confront it withWalras’s. In a first section, I present a rational reconstruction of the Marshallian conception.
Michel De Vroey
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D'une méthode de régularisation de la variation de valeur de la monnaie / par Léon Walras . Contribution a l'étude des variations des prix depuis la suspension de la frappe des écus d'argent / par Alfred Simon et Léon Walras Lausanne : Corbaz & Comp., 1885 [PDF]
, 1885 D'une méthode de régularisation de la variation de valeur de la monnaie / par Léon Walras . Contribution a l'étude des variations des prix depuis la suspension de la frappe des écus d'argent / par Alfred Simon et Léon Walras Lausanne : Corbaz & Comp ...
Walras, Léon
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Upskilling China: Implications for Middle‐Income Economies
The World Economy, Volume 48, Issue 6, Page 1297-1320, June 2025.ABSTRACT Acquiring human capital and climbing the ladder of manufacturing sophistication are development policy goals shared by most middle‐income countries. What happens when China, a large economy with active industrial policy, begins to expand into sectoral niches formerly occupied by its middle‐income trade partners? We build a multi‐country, multi‐
Varan Kitayaporn, Ian Coxhead
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