Existence of competitive equilibrium in coalition production economies with a continuum of agents
Sign Up to like & getrecommendations! Published in 2017 at "International Journal of Game Theory"
DOI: 10.1007/s00182-016-0563-5
Abstract: Aumann (Econometrica 34: 1–17, 1966) established the existence of competitive equilibria in exchange economies with a continuum of traders. This result has been extended to special production economies under the condition that the production sets… read more here.
Keywords: economies continuum; production; production economies; competitive equilibrium ... See more keywords
An assignment model with local constraints: Competitive equilibrium and ascending auction
Sign Up to like & getrecommendations! Published in 2020 at "Economics Letters"
DOI: 10.1016/j.econlet.2019.108905
Abstract: Abstract We consider an assignment model where each agent has unit-demand quasi-linear preferences and may face some local constraint, i.e., her possible assignment is restricted to a subset of items. Our model takes the assignment… read more here.
Keywords: assignment model; local constraints; competitive equilibrium; ascending auction ... See more keywords