Results 31 to 40 of about 707 (178)

EL PROBLEMA DE LA VARIACIÓN DE LOS PRECIOS: LOS LÍMITES DE LA TEORÍA WALRASIANA

open access: yesCuadernos de Economía, 2001
Este artículo propone un modelo de equilibrio general idéntico en todo al modelo walrasiano, salvo que incorpora un mecanismo endógeno de variación de los precios.
Carlo Benetti
doaj  

Economic Growth and Inequality with Tourism in an Integrated Walrasian-General Equilibrium and Neoclassical-Growth Theory

open access: yesZagreb International Review of Economics & Business, 2018
Abstract This paper studies dynamic interdependence between economic growth, tourism, and inequalities in income and wealth in a small open economy. We build the dynamic model in an integrated Walrasian-general equilibrium and neoclassical-growth theory for a small open economy with multiple sectors and heterogeneous households in a ...
openaire   +1 more source

Solving the n $n$‐Player Tullock Contest

open access: yesJournal of Public Economic Theory, Volume 28, Issue 2, April 2026.
ABSTRACT The n $n$‐player Tullock contest with complete information is known to admit explicit solutions in special cases, such as (i) homogeneous valuations, (ii) constant returns, and (iii) two contestants. But can the model be solved more generally?
Christian Ewerhart
wiley   +1 more source

El problema de la variación de los precios: Los límites de la teoría Walrasiana The problem of price change: the Limits of the Walrasian theory

open access: yesCuadernos de Economía, 2001
Este artículo propone un modelo de equilibrio general idéntico en todo al modelo walrasiano, salvo que incorpora un mecanismo endógeno de variación de los precios.
Benetti Carlo
doaj  

Development, Preference Change, and Inequality in an Integrated Walrasian-General-Equilibrium and Neoclassical-Growth Theory

open access: yesInternational Journal of Sustainable Development & World Policy, 2015
This study builds a model to analyze dynamic interdependence between economic growth, structural change, inequality in income and wealth, habit formation and preference change in a heterogeneous-households economy. The analytical framework is based on the Walrasian general equilibrium theory and the neoclassical growth theory.
openaire   +1 more source

Order Routing and Market Quality: Who Benefits From Internalization?

open access: yesMathematical Finance, Volume 36, Issue 2, Page 397-421, April 2026.
ABSTRACT Does retail order internalization benefit (via price improvement) or harm (via reduced liquidity) retail traders? To answer this question, we compare two market designs that differ in their mode of liquidity provision: In the setting capturing retail order internalization, liquidity is provided by market makers (wholesalers) competing for the ...
Umut Çeti̇n, Albina Danilova
wiley   +1 more source

Monopoly in Bilateral Exchange: Some Historico‐Analytical Remarks

open access: yesJournal of Public Economic Theory, Volume 27, Issue 6, December 2025.
ABSTRACT In this paper, we characterize, under the assumption that the aggregate demand of the atomless part for the commodity held by the monopolist is invertible, the monopoly quantity setting solution proposed by Kats (1974a) as the monopolist's most preferred commodity bundle in the complement of the atomless part's offer curve which is feasible ...
Francesca Busetto   +4 more
wiley   +1 more source

Existence of a non‐stationary equilibrium in search‐and‐matching models: TU and NTU

open access: yesTheoretical Economics, Volume 20, Issue 4, Page 1411-1460, November 2025.
This paper proves the existence of a non‐stationary equilibrium in the canonical search‐and‐matching model with heterogeneous agents. Non‐stationarity entails that the number and characteristics of unmatched agents evolve endogenously over time.
Christopher Sandmann, Nicolas Bonneton
wiley   +1 more source

Inferencing Space Travel Pricing from Mathematics of General Relativity Theory, Accounting Equation, and Economic Functions

open access: yesMathematics
This study derives space travel pricing by Walrasian Equilibrium, which is logical reasoning from the general relativity theory (GRT), the accounting equation, and economic supply and demand functions.
Kang-Lin Peng   +3 more
doaj   +1 more source

Safe implementation

open access: yesTheoretical Economics, Volume 20, Issue 4, Page 1285-1322, November 2025.
Implementation theory is concerned with the existence of mechanisms in which, at each state of the world, all equilibria result in outcomes that are within a given social choice correspondence (SCC). However, if agents make mistakes, if their preferences or the solution concept are misspecified, or if the designer is limited in what can be used as ...
Malachy James Gavan, Antonio Penta
wiley   +1 more source

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