Browsing by Keywords "Equilibrium existence"
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Boundary behavior of excess demand and existence of equilibrium
(Academic Press, 1999)This paper presents a market equilibrium existence theorem that generalizes and unifies many well-known results. The importance of the theorem is illustrated by applications to large exchange economics. A further extension ... -
Markets as institutions
(Bilkent University, 1995)This dissertation investigates resource allocation via institutions. A unifying framework for studying various kinds of institutional structures is provided. After the introductory Part 1, Part 2 presents the general ... -
Prakash and Sertel's theory of non-cooperative equilibria in social systems-Twenty years later
(Elsevier BV, 1996)This paper is intended as a companion to the paper 'Existence of non-cooperative equilibria in social systems by Prakash and Sertel (1974b) appearing in this volume. It aims to perform two tasks: (1) to give the reader a ...