Results 41 to 50 of about 708 (178)
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 +2 more
wiley +1 more source
A Model for Sustainable Development in Territorial Production Systems
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 +2 more
wiley +1 more source
CONTROVERSIAS ACTUALES EN LA TEORÍA PURA DEL DINERO
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
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
Expectational Equilibria and Drèze Equilibria in Many‐to‐One Matching Models
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
Money and Credit Coexistence, Excess Capacity, and the Size of Monetary Aggregates
Abstract This paper develops a model where money is demanded in excess of spending needs. As a result, money coexists with large availabilities of credit and the model explains the levels of monetary aggregates held in modern economies via the endogenous creation of inside money. At the heart of the model, there is a search friction in the goods market,
ALESSANDRO MENNUNI
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
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
Does Increasing Concentration Hit Poorer Areas More? A Study of Retail Petroleum Markets*
A central tenet in the field of industrial organisation is that increasing/decreasing market concentration is associated with increased/reduced markups. But does this variation affect every consumer to the same extent? Previous literature finds price dispersion exists even for homogeneous goods, at least partially as a result of heterogeneity in ...
Peter L. Ormosi +3 more
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

