basic thrust of this paper is to evaluate monetary policy - tradeoffs using a dynamic stochastic general equilibrium …

This paper uses basic empirical facts from attention and perception psychology for a behavioral approach to equilibrium …-rich and whether scarcity of attention complements economic scarcity. A conventional economic equilibrium results if subjects … equilibrium diversity and level of attention-seeking activities are shown. At the normative level, welfare, efficiency and optimal …

This paper gives a proof of the existence of general equilibrium without the use of a fixed point theorem. Unlike other … results of this type, the conditions we use do not imply that the set of equilibrium prices is convex. We use an assumption on …-related condition and some other standard conditions. We also provide an algorithm for finding equilibrium prices. …

recourse to demand and supply functions or the notion of equilibrium. …