Walrasian allocations without price-taking behavior.
Consider an exchange economy where agents are arbitragers, in that they try to upset allocations imagining plausible beneficial trades. With an introspective algorithm, each agent constructs an interactive choice set (ICS), i.e., a set of bundles that he considers achievable through a sequence of pl...
| Publicado en: | Journal of Economic Theory Vol. 95; no. 1; pp. 79 - 107 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Academic Press Inc.
November 2000
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |