Titlebook: Equilibrium, Markets and Dynamics; Essays in Honour of Cars H. Hommes,Roald Ramer,Cees A. Withagen Book 2002 Springer-Verlag Berlin Heidel

薄荷醇

LUCY

为敌

Environmental Policy and Bertrand Competition: a General Equilibrium Approachium model. Attention is paid to the case where competition on the world market is perfect as well as to the case where the country under consideration is large. However, we will concentrate on the case of Bertrand competition. It will be shown that under certain circumstances it is optimal from a so

叙述

吃掉

gentle

On the Possibility of Economic Dynamicsematical analysis of mappings in time is extremely sensitive to the exact form posited. I express some doubt that we are anywhere near a real understanding, although the rough qualitative outline of behaviour is probably pretty safe.

唤醒

Coordinating Thoughts on Coordination Failures for prices, and general equilibrium models. The main insights resulting for each class of models are exhibited. It is argued that coordination failures are likely to arise in a decentralized economy, even under conditions where perfect competition could prevail. The paper concludes by pointing out several promising directions for future research.

aplomb

Still Searching for Bertrand Equilibriumion among the few will produce competitive outcomes. In this selective survey of Bertrand type models, I address the question whether price competition will produce competitive outcomes, what insights can be derived from these models, and whether a unified theory should be aimed for.

灌溉

M. S. Rana,H. R. Pota,I. R. Petersen implement competitive allocations in a dynamic context, the solution concept must be stronger. We show that the concept of renegotiation proof equilibrium can be used: Competitive allocations may be dynamically implemented in renegotiation proof equilibrium.

Tractable

Salar Farahmand-Tabar,Sina Shirgircial welfare point of view to conduct environmental policy which is lax with regard to the exporting sector of the economy compared to the sheltered sector of the economy. This result runs counter to the outcome of a partial equilibrium analysis.