权宜之计 发表于 2025-3-25 04:28:14

Are Incomplete Markets Able to Achieve Minimal Efficiency?, assets other than shares in this firm. In Dierker, Dierker, Grodal (2002), we give an example of such an economy in which all market equilibria are constrained inefficient. In this paper, we weaken the concept of constrained efficiency by taking away the planner’s right to determine consumers’ inve

使迷醉 发表于 2025-3-25 09:39:08

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竖琴 发表于 2025-3-25 15:11:59

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允许 发表于 2025-3-25 18:27:31

Household Inefficiency and Equilibrium Efficiency,old inefficiencies are caused by inefficient net trades with the market or by inefficient distribution of resources within households. Inefficient net trades might be consistent with global efficiency. Inefficient internal distribution always results in inefficient equilibrium allocations. This lead

Collected 发表于 2025-3-25 20:52:49

Equilibrium with Arbitrary Market Structure,existing general equilibrium theory to uncertainty and time. This interpretation of general equilibrium theory is the Arrow-Debreu model. The complete market predicted by this theory is clearly unrealistic, and Radner [.] formulated and proved existence of equilibrium in a multiperiod model with inc

一起平行 发表于 2025-3-26 00:11:12

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resistant 发表于 2025-3-26 06:27:12

On Behavioral Heterogeneity,ogeneity the less sensitive depends the aggregate consumption expenditure ratio upon prices. As a consequence, a high index implies a tendency for the Jacobian of aggregate demand to have a dominant negative diagonal.

BUOY 发表于 2025-3-26 12:23:49

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meretricious 发表于 2025-3-26 16:21:34

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Cholagogue 发表于 2025-3-26 20:31:58

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查看完整版本: Titlebook: Institutions, Equilibria and Efficiency; Essays in Honor of B Christian Schultz,Karl Vind Book 2006 Springer-Verlag Berlin Heidelberg 2006