Stable Spillovers among Substitutes.

In this paper we are interested mainly in this last aspect: the effects of non-realization of (positive or negative) excess demand on the market mechanism. The implicit frustrations have been formalized by Clower [3] in his dual decision hypothesis, and Patinkin's [21] term, "spillover ", has been u...

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Bibliographic Details
Published in:Review of Economic Studies Vol. 42; no. 3; pp. 445 - 457
Main Author: Veendorp, E.C.H.
Format: Article
Published: Oxford University Press / USA Jul75
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