haku: @indexterm EQUILIBRIUM THEORY / yhteensä: 340
viite: 102 / 340
| Tekijä: | Herings, P. |
| Otsikko: | Equilibrium existence results for economies with price rigidities |
| Lehti: | Economic Theory
1996 : SPRING, VOL. 7:1, p. 63-80 |
| Asiasana: | ECONOMIC THEORY PRICES EQUILIBRIUM THEORY |
| Kieli: | eng |
| Tiivistelmä: | An exchange economy with price rigidities and rationing is considered. The rationing systems allowed are very general. Several characterizations of the set of constrained equilibria are given, and new equilibrium existence results are provided. More specifically, well-known properties like the existence of equilibria without rationing of the numeraire commodity, and the existence of supply and demand constrained equilibria without rationing on the market of at least one commodity follow as special cases from the theorems proved. |
SCIMA