Search Results - subject:"general preferences"

Zhou, Yu; Serizawa, Shigehiro - 2020

We study an assignment market where multiple heterogenous objects are sold to unit demand agents who have general … preferences accommodating imperfect transferability of utility and income effects. In such a model, there is a minimum price …

Persistent link: https://www.econbiz.de/10012430046

Serial Vickrey mechanism

Zhou, Yu; Serizawa, Shigehiro - 2020

Persistent link: https://www.econbiz.de/10012253942

Contests with general preferences

Dickson, Alex; Mackenzie, Ian A.; Sekeris, Petros - 2016

Persistent link: https://www.econbiz.de/10011490448

General preferences for consumption goods in the random matching model of commodity money

Morató, Xavier Cuadras - Department of Economics and Business, Universitat … - 2003

This paper generalizes the original random matching model of money by Kiyotaki and Wright (1989) (KW) in two aspects: first, the economy is characterized by an arbitrary distribution of agents who specialize in producing a particular consumption good; and second, these agents have preferences...

Persistent link: https://www.econbiz.de/10005248459

Aggregation, Efficiency and Mutual Fund Separation in Incomplete Markets

Detemple, Jérôme B.; Gottardi, Piero - Centre Interuniversitaire de Recherche en Analyse des … - 1997

This paper studies the conditions for aggregation, portfolio separation and effective completeness of competitive allocations in general equilibrium models with incomplete markets in which agents have general preference and endowment distributions. We show that these properties are distinct....

Persistent link: https://www.econbiz.de/10005100865