• Keine Ergebnisse gefunden

General equilibrium and the emergence of (non)market clearing trading institutions

N/A
N/A
Protected

Academic year: 2022

Aktie "General equilibrium and the emergence of (non)market clearing trading institutions"

Copied!
22
0
0

Wird geladen.... (Jetzt Volltext ansehen)

Volltext

(1)

First publ. in: Economic Theory 44 (2010), 3, pp. 339-360 The original publication is available at www.springerlink.com

DOI: 10.1007/s00199-009-0466-9

Konstanzer Online-Publikations-System (KOPS) URN: http://nbn-resolving.de/urn:nbn:de:bsz:352-opus-127568

URL: http://kops.ub.uni-konstanz.de/volltexte/2011/12756

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)

Referenzen

ÄHNLICHE DOKUMENTE

On the other hand, for low job creation costs (relative to the degree of market power), a vacancy equilibrium only exists up to a wage w V above which firms prefer to create few

It follows from this model that under equilibrium conditions the total value of goods of some branch consumed in other branches, equals the total value of goods of

We build a general equilibrium model where agents are subject to endogenous trading constraints, making the access to financial trade dependent on prices and consumption

The fee chosen by the for-profit HEI is also increasing in the education cost parameter χ, in the quality of education q π , in the level of opacity t and in the net tuition fee paid

In such situation, the agents, in one way, can keep the network complete disconnected for avoiding of lose; in the other way, for maintaining the networks and keep profitable

Otra característica del enfoque de Arrow y que tiene su origen en la filosofía utilitarista es el consecuencialismo; esto significa que toda acción, regla o institución es juzgada

In particular, social security is converging to the steady state along an increasing path in the politico-economic equilibrium, while the Ramsey allocation implies a decreasing size

Moreover, Busch and Horstmann (1992) investigate the contracting parties’ strategic advantage from the specification of an incomplete contract in the first of a