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 +2 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
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 +2 more
wiley +1 more source
Resuelve: A Gauss program for solving computable general equilibrium and disequilibrium models [PDF]
This paper describes a GAUSS program that can be used, among other things, to find equilibria for computable general equilibrium models, and fix price equilibria for general non Walrasian models.
Urzúa, Carlos M.
core
Money, form and the determination of value Dinero, forma y determinación del valor
Cuadernos de Economía, 1998 This article seriously considers the form of value as an essential part of Marx's critique of political economy. It shows that this critique is especially relevant with respect to the modern theory of general equilibrium.
Benetti Carlo, Cartelier Jean
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
Relative Profitability of Dynamic Walrasian Strategies [PDF]
The advantage of price-taking behavior in achieving relative profitability in oligopolistic quantity competition has been much appreciated recently from economic dynamics and evolutionary game theory, respectively. The current research intends to provide
HUANG Weihong
core
On the core and Walrasian expectations equilibrium in infinite dimensional commodity spaces [PDF]
In this paper, we establish two different characterizations of Walrasian expectations allocations by the veto power of the grand coalition in an asymmetric information economy having finitely many agents and states of nature and whose commodity space is ...
Bhowmik, Anuj, Cao, Jiling
core
"A Dynamic General Equilibrium Model with Centralized Auction Markets" [PDF]
A conventional wisdom in economics is that a model dealing frictionless markets with a large number of agents always yields a Walrasian outcome. In this paper we assess the above argument in a dynamic framework by modeling centralized auction markets ...
Takashi Shimizu, Kazuya Kamiya
core
Testing the Hayek hypothesis: Recent theoretical and experimental evidence. [PDF]
PLoS One, 2022 Al-Ubaydli O, Boettke P, Albrecht BC.
europepmc +1 more source