Search Results - subject_exact:"Competitive equilibrium"

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Perfect competition and increasing returns a partial equilibrium analysis

Dehez, Pierre; Drèze, Jacques H. - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015583574

When do markets work? : multiplex networks and efficiency

Li, Chengqing; Zenou, Yves; Zhou, Junjie - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015644542

Competitive outcomes in a Cournot-Tullock contest

Robertson, Matthew J. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015463746

The effect of price transparency : assessment of the German Highway Retail Gasoline Sector

Kleineberg, Christoph - 2025

Increasing competition and reducing market power are core interests of economists, regulators and the public to maximise aggregate social welfare. Low prices are achieved through intense competition in the retail gasoline market. The absence of fierce competition is referred to as market power....

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015433105

Expectational equilibria and Drèze equilibria in many-to-one matching models

Herings, Peter Jean-Jacques - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015457844

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Expectational equilibria and Drèze equilibria in many-to-one matching models

Herings, Peter Jean-Jacques - 2024

Book / Working Paper

General equilibrium markets as distributed computational systems

Gjerstad, Steven - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015445674

Computing competitive equilibrium in simplex economies

Pulgarín, Antonio - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015590995

Competitive and revenue-optimal pricing with budgets

Finster, Simon; Goldberg, Paul; Lock, Edwin - 2025

In markets with budget-constrained buyers, competitive equilibria need not be efficient in the utilitarian sense, or maximise the seller's revenue. We consider a setting with multiple divisible goods. Competitive equilibrium outcomes, and only those, are constrained utilitarian efficient, a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015532957

Pricing in markets without money : theory and evidence from home exchanges

Goedde, Julius - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015561198

Assignment markets : theory and experiments

Dolgopolov, Arthur; Houser, Daniel; Martinelli, César; … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015076253

Equilibria in matching markets with soft and hard liquidity constraints

Herings, Peter Jean-Jacques; Zhou, Yu - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015154264

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Equilibria in matching markets with soft and hard liquidity constraints

Herings, Peter Jean-Jacques; Zhou, Yu - 2021

Book / Working Paper

Implementing walrasian equilibrium : the languages of product-mix auctions

Baldwin, Elizabeth; Klemperer, Paul; Lock, Edwin - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015550607

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Implementing walrasian equilibrium : the languages of product-mix auctions

Baldwin, Elizabeth; Klemperer, Paul; Lock, Edwin - 2024

Book / Working Paper

Implementing Walrasian equilibrium : the languages of product-mix auctions

Baldwin, Elizabeth; Klemperer, Paul; Lock, Edwin - 2024

Book / Working Paper

Vanishing market power

Guthmann, Rafael - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015628684

Solving large-scale electricity market pricing problems in polynomial time

Ahunbay, Mete Şeref; Bichler, Martin; Dobos, Teodora; … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015047999

Perfect competition, market power, and contestability

Budzinski, Oliver; Stöhr, Annika - 2024

The model of perfect competition is one of the most famous, most important, and most misunderstood concepts in economics. Rather than aiming to be a full-blown model of real-world competitive markets, the perfect competition model isolates the decentralized coordination mechanism inherent in all...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014536299

Indivisible goods, equilibrium and convex economies

Méndez-Naya, Luciano; Méndez Naya, José Antonio - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015574656

Perfect competition and fixed costs : the role of the ownership structure

Boitier, Vincent - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014580483

Free market and perfect competition : global data trends

Razzak, Weshah A. - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015589335

A simple but powerful simulated certainty equivalent approximation method for dynamic stochastic problems

Cai, Yongyang; Kenneth, L. Judd, - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014536964

Understanding markets with socially responsible consumers

Kaufmann, Marc; Andre, Peter; Kőszegi, Botond - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014446285

A simple but powerful simulated certainty equivalent approximation method for dynamic stochastic problems

Cai, Yongyang; Kenneth, L. Judd, - 2023

We introduce a novel simulated certainty equivalent approximation (SCEQ) method for solving dynamic stochastic problems. Our examples show that SCEQ can quickly solve high-dimensional finite- or infinite-horizon, stationary or non- stationary dynamic stochastic problems with hundreds of state...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014308586

Understanding markets with socially responsible consumers

Kaufmann, Marc; Andre, Peter; Kőszegi, Botond - 2023

Many consumers care about climate change and other externalities associated with their purchases. We analyze the behavior and market effects of such "socially responsible consumers" in three parts. First, we develop a flexible theoretical framework to study competitive equilibria with rational...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014443852

Competition with indivisibilities and few traders

Martinelli, César; Wang, Jianxin; Zheng, Weiwei - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014227980

The incredible Taylor principle : a comment

Neumeyer, Pablo Andrés; Nicolini, Juan Pablo - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015453794

The choice of suppliers and consumers : the evolutionary game equilibrium of platforms

Ma, Lina; Zhao, Wanying; Dong, Longzhu; Du, Yushen - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015549589

Impact of insurers' technology accessibility as private information on market structure

Lin, Jieyu; Zeng, Yan - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015550238

The Economics of Imperfect Competition

Robinson, Joan - 2025 - Reprint of second edition

Introduction -- Book I The Technique -- 1. The Assumptions -- 2. The Geometry -- Book II Monopoly Equilibrium -- 3. Monopoly Equilibrium -- 4. Changes In Demand -- 5. Changes In Cost -- Book III Competitive Equilibrium -- 6. The Supply Curve -- 7. Competitive Equilibrium -- 8. A Digression On...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015560137

Exploiting complete linear descriptions for decentralized power market problems with integralities

Hümbs, Lukas; Martin, Alexander; Schewe, Lars - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015323474

The structure of equilibria in trading networks with frictions

Schlegel, Jan Christoph - 2022

Several structural results for the set of competitive equilibria in trading networks with frictions are established: The lattice theorem, the rural hospitals theorem, the existence of side-optimal equilibria, and a group-incentive-compatibility result hold with imperfectly transferable utility...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013273780

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The structure of equilibria in trading networks with frictions

Schlegel, Jan Christoph - 2022

Article

Exploiting complete linear descriptions for decentralized power market problems with integralities

Hümbs, Lukas; Martin, Alexander; Schewe, Lars - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013454916

Index design : hedging and manipulation

Jarrow, Robert A.; Li, Siguang - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013367706

Full Transparency between Buyer and Seller and Perfect Transmission of Information Are Key to Realising a Perfect Competition Market Mechanism

Ng, Wenfa - 2022

Perfectly competitive market is often used in economics textbook as an idealized model for understanding microeconomics issue. But, is it realisable in practice, and crucially, under what kind of scenario and condition? The answer is: perfectly competitive market does not exist in most market...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014242815

The incredible Taylor principle

Neumeyer, Pablo Andrés; Nicolini, Juan Pablo - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012872548

Information Sharing in a Perfectly Competitive Market

Lou, Youcheng; Yang, Yaqing - 2022

We consider a large rational expectations economy built on Han and Yang (2013) where traders can share information with each other via an information network and investigate the impact of network connectedness on market equilibrium outcomes. We find that in the equilibrium with endogenous...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014082033

Competitive equilibrium and the double auction

Rasooly, Itzhak - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013415453

Walrasian equilibrium as limit of competitive equilibria without divisible goods

Florig, Michael; Rivera Cayupi, Jorge - 2019

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012310736

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Walrasian equilibrium as limit of competitive equilibria without divisible goods

Florig, Michael; Rivera Cayupi, Jorge - 2017

Book / Working Paper

A Market Interpretation of Treatment Effects

Minton, Robert; Mulligan, Casey B. - 2024

Markets, likened to an invisible hand, often appear to contradict econometric assumptions that rule out spillovers of one person's treatment on another's outcomes. This paper provides a simple statistical framework highlighting that controls are indirectly affected by the treatment through the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015171631

Expectational equilibria in many-to-one matching models with contracts

Herings, Peter Jean-Jacques - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015067155

Housing markets since Shapley and Scarf

Afacan, Mustafa Oğuz; Hu, Gaoji; Li, Jiangtao - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015071685

Competitive markets with imperfectly discerning consumers

Antler, Yair; Spiegler, Ran - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015085122

Perfect competition and competitive dynamics in Europe : analysing the gap between theory and reality

Tomić, Daniel - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015596732

Solving strong-substitutes product-mix auctions

Baldwin, Elizabeth; Goldberg, Paul; Klemperer, Paul; … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015047613

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Solving strong-substitutes product-mix auctions

Baldwin, Elizabeth; Goldberg, Paul; Klemperer, Paul; … - 2020

Book / Working Paper

Solving strong-substitutes product-mix auctions

Baldwin, Elizabeth; Goldberg, Paul; Klemperer, Paul; … - 2019

Book / Working Paper

Pollution control, worker productivity, and wage inequality

Zhang, Pengqing - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014559083

Fairness and competition in a bilateral matching market

Bester, Helmut - 2021

This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes. In equilibrium fairness matters because of market...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012648091

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Fairness and competition in a bilateral matching market

Bester, Helmut - 2021

Book / Working Paper

Fairness and competition in a bilateral matching market

Bester, Helmut - 2021

Book / Working Paper

Fairness and competition in a bilateral matching market

Bester, Helmut - 2021

Book / Working Paper

Sustainable debt

Bloise, Gaetano; Polemarchakis, Heraklis M.; Vailakis, Y. - 2021

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013189073

Strategic Trade, Competitive Industries and Agricultural Trade Disputes

Bagwell, Kyle; Staiger, Robert W. - 2021

The primary predictions of strategic-trade theory are not restricted to imperfectly-competitive markets. Indeed, these predictions emerge in a natural three-country extension of the traditional theory of trade policy in competitive markets, once the theory is augmented to allow for...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013227741

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Strategic Trade, Competitive Industries and Agricultural Trade Disputes

Bagwell, Kyle - 2000

Book / Working Paper

The Illusion of Perfect Competition : The Law of One Price under Trading Frictions

R. Guthmann, Rafael - 2021

This paper shows that perfectly competitive behavior can occur in individual markets that exhibit frictions of trading. I consider an environment where firms hire workers to produce an output sold in a product market. Both markets are frictional as consumers and workers have imperfect access to...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013310322

Managerial Talent, Motivation, and Self-Selection into Public Management

Delfgaauw, Josse; Dur, Robert A. J. - 2021

The quality of public management is a recurrent concern in many countries. Calls to attract the economy's best and brightest managers to the public sector abound. This paper studies self-selection into managerial and non-managerial positions in the public and private sector, using a model of a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013316467

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Managerial Talent, Motivation, and Self-Selection into Public Management

Delfgaauw, Josse - 2010

Book / Working Paper

Market Structure, Technological Gap and Vertical Linkage Effects from Foreign Direct Investment

Kadochnikov, Sergey; Drapkin, Igor M. - 2021

This paper is based on the model of backward linkages from foreign direct investment (FDI) Lin/Saggi (2003), where the market structure of the final goods sector is represented by a monopoly or Cournot oligopoly, and the supplier sector - by a pure monopoly. We extend this model by examining...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013316575

Sustainable debt

Bloise, Gaetano; Polemarchakis, Heraklis M.; Vailakis, Y. - 2021

We show that debt is sustainable at a competitive equilibrium based solely on the reputation for repayment; that is, even without collateral or legal sanctions available to creditors. In an incomplete asset market, when the rate of interest falls recurrently below the rate of growth of the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012806557

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Sustainable debt

Bloise, Gaetano; Polemarchakis, Heraklis M.; Vailakis, … - 2018

Book / Working Paper

Sustainable debt

Bloise, Gaetano; Polemarchakis, Heraklis M.; Vailakis, … - 2018

Book / Working Paper