Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10000026049
Can every allocation in the core of an economy be decentralized by a suitably chosen price system? Werner Hildenbrand shows that the answer is yes if the economy has "many" participating agents and if the influence of every individual agent on collective actions is "negligible." To give a...
Persistent link: https://www.econbiz.de/10014481761
Persistent link: https://www.econbiz.de/10001302039
Persistent link: https://www.econbiz.de/10005028208
Persistent link: https://www.econbiz.de/10004968153