Results 41 to 50 of about 707 (178)

Bargaining Foundations for Price Taking in Matching Markets

International Economic Review, Volume 66, Issue 4, Page 1561-1575, October 2025.
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

Economic Growth and Structural Change ? A Synthesis of the Walrasian General Equilibrium, Ricardian Distribution and Neoclassical Growth Theories

Asian Development Policy Review, 2017
This study proposes an economic growth model of structural change with heterogeneous households. It endogenously determine wealth accumulation and land value. Our model is based on three core theories in economics - Walrasian general equilibrium theory, Ricardian theory of distribution, and neoclassical growth theory. The paper is focused on effects of
openaire   +1 more source

Existence of Equilibria for Shared Goods

Journal of Public Economic Theory, Volume 27, Issue 4, August 2025.
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

CONTROVERSIAS ACTUALES EN LA TEORÍA PURA DEL DINERO

Cuadernos de Economía, 2000
En este trabajo se expone el debate actual sobre la teoría pura del dinero evaluando la validez de los resultados de dos clases de modelos neoclásicos -de generaciones traslapadas y de búsqueda- que intentan explicar el dinero a partir de la teoria del ...
Ari Wancier
doaj  

Exploring Economic Conflict Through the Gravitational Field Model of Trade: Markets, Wars, and Instability

Conflict Resolution Quarterly, Volume 42, Issue 4, Page 507-521, Summer 2025.
ABSTRACT Building on Walter Isard's location and gravity theories in economics, we extend his trade model to better understand its core principles, including commercial attraction, center of gravity in markets, and favorable location for exporting firms.
Luigi Capoani, Alexandru Tudorache, Alessandro Barlese   +2 more
wiley   +1 more source

A Model for Sustainable Development in Territorial Production Systems

Sustainable Development, Volume 33, Issue 3, Page 4511-4528, June 2025.
ABSTRACT The territorial production system demand innovation and adaptability to provide the majority of decisions, especially when splitting up available resources among productive sectors by the lens of sustainable development. The system's economic units evolve in dimensional profile, technical execution, and management of productive process to ...
Francesco Sica, Francesco Tajani, Pierluigi Morano   +2 more
wiley   +1 more source

Evolution and Walrasian Behavior in Market Games [PDF]

We revisit the question of price formation in general equilibrium theory. We explore whether evolutionary forces lead to Walrasian equilibrium in the context of a market game, introduced by Shubik (1972).
Alexander Matros, Ted Temzelides
core  

Economic time as a regulator mechanism of self-organization economic system

RUDN Journal of Economics, 2014
In this article as an object of study is considered the economic system and the mechanism of self-organization. Subject of research-economic times in the mechanism of self-organization of the economic system.
S E Zhelayeva
doaj  

Expectational Equilibria and Drèze Equilibria in Many‐to‐One Matching Models

Journal of Public Economic Theory, Volume 27, Issue 3, June 2025.
ABSTRACT We study coalition formation in many‐to‐one matching models from a competitive equilibrium perspective. We cover both models with and models without monetary transfers. A first notion to do so is the one of Drèze equilibrium, which we extend to the many‐to‐one setup. A second concept is expectational equilibrium.
P. Jean‐Jacques Herings
wiley   +1 more source

Marshallian and Walrasian Theory, Complementary or Alternative Approaches ? The Views in Presence [PDF]

The aim of this paper is to examine economists’ views about the relationship between Marshallian and Walrasian theory. Are the complementary, as is usually believed, or do they constitute alternative research programmes ? My paper compares two viewpoints
Michel, DE VROEY
core