3Es for AI: Economics, Explanation, Epistemology. [PDF]
Front Artif Intell, 2022 Kaul N.
europepmc +1 more source
Transition to Equilibrium in International Trades [PDF]
Building on Giraud & Tsomocos (2009), we develop a model of non equilibrium international trades with incomplete markets. Trades occur in continuous time, both on international and domestic markets.
Céline Rochon, Gaël Giraud
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Equilibrium Structure of Production Economies with Uncertainty: The Natural Projection Approach [PDF]
The paper generalizes the natural projection approach introduced by Balasko (1988) to production economies with uncertainty. It explores the equilibrium structure of the long run and short run private ownership production model.
Pascal Stiefenhofer
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Out of equilibrium dynamics with decentralized exchange cautious trading and convergence to efficiency [PDF]
, 2010 Is the result that equilibrium trading outcomes are efficient in markets without frictions robust to a scenario where agents' beliefs and plans aren't already aligned at their equilibrium values?
Ghosal, Sayantan, Porter, James A.
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How market ecology explains market malfunction. [PDF]
Proc Natl Acad Sci U S A, 2021 Scholl MP, Calinescu A, Farmer JD.
europepmc +1 more source
Equilibrium Corporate Finance [PDF]
We study a general equilibrium model with production where financial markets are incomplete. At a competitive equilibrium firms take their production and financial decisions so as to maximize their value.
Alberto Bisin +2 more
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Markov Equilibria in Dynamic Matching and Bargaining Games
, 2004 Rubinstein and Wolinsky (1990) show that a simple homogeneous market with exogenous matching has continuum of (non-competitive) perfect equilibria, but the unique Markov perfect equilibrium is competitive.
core +1 more source
The economic damage of COVID-19 on regional economies: an application of a spatial computable general equilibrium model to South Korea. [PDF]
Ann Reg Sci, 2022 Kim E, Jin D, Lee H, Jiang M.
europepmc +1 more source
Economic Agents' Behaviors During the Coronavirus Pandemic: Theoretical Overview and Prospective Approach. [PDF]
J Knowl Econ, 2022 Jemli R, Chtourou N.
europepmc +1 more source
The Homotopy Continuation Method and the Walrasian General Equilibrium Theory
The Homotopy Continuation Method and the Walrasian General Equilibrium TheoryThe homotopy continuation method becomes a. powerful tool for comparative statics in the large. It is also, by its nature, to be used for showing the existence of zeroes of a map. In this paper, we first present some existence theorems concerning set-valued maps.
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