Para acceder a los documentos con el texto completo, por favor, siga el siguiente enlace: http://hdl.handle.net/2445/43811

Can we identify Walrasian allocations?
Manresa, Antonio, 1954-
Universitat de Barcelona
[eng] We consider a discrete time, pure exchange infinite horizon economy with two or more consumers and at least one concumption good per period. Within the framework of decentralized mechanisms, we show that for a given consumption trade at any period of time, say at time one, the consumers will need, in general, an infinite dimensional (informational) space to identigy such a trade as an intemporal Walrasian one. However, we show and characterize a set of enviroments where the Walrasian trades at each period of time can be achieved as the equilibrium trades of a sequence of decentralized competitive mechanisms, using only both current prices and quantities to coordinate decisions.
28-05-2013
Econometria
Equilibri (Economia)
Microeconomia
Macroeconomia
Economia matemàtica
Econometrics
Equilibrium (Economics)
Microeconomics
Macroeconomics
Mathematical economics
cc-by-nc-nd, (c) Manresa, 1998
http://creativecommons.org/licenses/by-nc-nd/3.0/
Documento de trabajo
Universitat de Barcelona. Facultat d'Economia i Empresa
         

Mostrar el registro completo del ítem

Documentos relacionados