lutein
发表于 2025-3-21 17:12:23
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heart-murmur
发表于 2025-3-21 20:21:15
Indeterminateness of Equilibria and Macroeconomicsnsions, motivated by macroeconomic interpretations, concern money and price rigidities. In a natural extension to money (held for transaction purposes), if monetary policy fixes either nominal interest rates or money supply (but not both), the variability of inflation rates is unrestricted, at equil
花束
发表于 2025-3-22 01:02:18
Equilibrium Properties of Status Seeking and Conformismre themselves to others. Two types of social comparison are studied: status seeking and conformism. Both are modelled as an implicit contest where individuals get higher reputation only if they surpass other people. In the status model, reputation increases with the fraction of people who take a low
男学院
发表于 2025-3-22 05:06:48
Recent Criticism of General Equilibrium Theoryry. In particular, attention is paid to a critical book by Donald Walker. Although high regard is expressed for his analysis of the development and character of general equilibrium theory, the author is defending the relevance of the abstract nature of the theory of general equilibrium.
远地点
发表于 2025-3-22 11:39:51
Coordinating Thoughts on Coordination Failuresoses to distinguish three classes of models with coordination failures. The classes are formed by strategic models with or without a coordinating role for prices, and general equilibrium models. The main insights resulting for each class of models are exhibited. It is argued that coordination failur
irradicable
发表于 2025-3-22 14:26:43
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irradicable
发表于 2025-3-22 20:30:22
On the Economics of Managing and Returns to Communications Technologystructure of firms and other organizations. In this note we are trying to examine how a greater efficiency in the conveyance of information between superiors and subordinates in a hierarchic organization would influence the span of control of each level and the total number of levels in the hierarch
硬化
发表于 2025-3-23 00:40:56
Dynamic Adjustment of Supply Constrained Disequilibria to Walrasian Equilibrium cyclic or even chaotic behavior in discrete time tatonnement processes. Starting from a trivial non-trade disequilibrium with complete rationing on the supplies at a given vector of initial prices, a quantity and price adjustment process is proposed, converging always to a Walrasian equilibrium. At
浸软
发表于 2025-3-23 04:17:40
A General Equilibrium of Managed Serviceswork on the set of individuals. There are many service networks possible, which all belong to the service network possibility set. The service structure consists of this set and a value function on the service networks. Specialization of individuals leads to separating the performer interaction from
不自然
发表于 2025-3-23 05:41:46
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