Results 31 to 40 of about 708 (178)
EL PROBLEMA DE LA VARIACIÓN DE LOS PRECIOS: LOS LÍMITES DE LA TEORÍA WALRASIANA
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
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
Monopoly in Bilateral Exchange: Some Historico‐Analytical Remarks
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
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
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
Existence of a non‐stationary equilibrium in search‐and‐matching models: TU and NTU
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
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
Bargaining Foundations for Price Taking in Matching Markets
ABSTRACT Agents make noncontractible investments before bargaining over who matches with whom and their terms of trade. An agent is a price taker when her investments do not change her potential partners' payoffs. This incentivizes socially optimal investments.
Matthew Elliott, Eduard Talamàs
wiley +1 more source
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
Existence of Equilibria for Shared Goods
ABSTRACT A shared good is an impure public good in which personalized consumptions are produced by groups using a sharing technology. Rivalry in consumption is captured by the shape of this technology. Private goods and pure public goods are special cases in which there is complete rivalry and no rivalry, respectively.
John A. Weymark
wiley +1 more source

