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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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Detalles Bibliográficos
Autor principal: Sugden, Robert
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2017
Materias:
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