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Characterising competitive equilibrium in terms of opportunity
This paper analyses alternative profiles of opportunity sets for individuals in an exchange economy, without assuming that individuals’ choices reveal coherent preferences. It introduces the concept of a ‘market-clearing single-price regime’, representing a profile of opportunity sets consistent wit...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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Springer Berlin Heidelberg
2017
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7062664/ https://www.ncbi.nlm.nih.gov/pubmed/32214573 http://dx.doi.org/10.1007/s00355-016-1015-7 |