Başçı, Erdem2016-01-082016-01-081995http://hdl.handle.net/11693/18461Ankara : Department of Economics and the Institute of Economics and Social Sciences of Bilkent University, 1995.Thesis (Ph. D.) -- Bilkent University, 1995.Includes bibliographical references leaves 93-100.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 model (Chapter 1) and studies existence of equilibria (Chapter 2). Part 3 provides applications to general equilibrium models under complete markets (Chapter 3), public goods and Lindahl prices (Chapter 4), generalized price systems and sales taxes (Chapter 5), lemons type quality problems (Chapter 6). adverse selection and money (Chapter 7), and a model with Markov technologies and freedom effects on utilities (Chapter 8). welfare implications of most applications are investigated. Chapter 9 discusses further applications and possible future research topics.vii, 101 leavesEnglishinfo:eu-repo/semantics/openAccessSocietiesInstitutionsEconomic systemsSocial systemsAbstract economiesAbstract economic systemsPrivate ownership economiesPublic goods economiesMarkets for lemonsAdverse selectionPrice systemGeneralized price systemSemicentralized resource equilibriumNon-cooperative equilibriumSocial equilibriumCompetitive (Wcdrasian) equilibriumSales tax equilibriumSustainable Walrasian equilibriumEquilibrium existenceFinancial structureNeutrality of moneySecond bestHB99.5 .B37 1995Institutional economics.Equilibrium (Economics).Prices--Mathematical models.Economics, Mathematical.Markets as institutionsThesis