The Paper Has Two Major Parts. the First Part Focuses on the Theoretical Properties of a General Equilibrium Asset Price Model Describing an Economy with Actual Output Stochastically Generated by a Markovian Latent Process of Technolgical Shocks. with a Concealed State Space Economy, Agents Make...

The Purpose of This Paper Is to Extend the Pareto Optimum Theory to the Case of a Temporary Framework

This Is an Empirical Survey of 56 Applications of Computable General Equilibrium (Cge) Models to 24 Developing Countries, 45 of the Applications Being Less Than 5 Years Old. the Focus Is on the Economic Structure of the Models, Their Type of Macroeconomic Closure, Sources of Dynamization, and...

In the Contect of Duopoly Theory with Differentiated Products, Economic Theorists Usually Consider the Price As the Choice Variable for the Firms. Given the Prices, the Respective Quantities Demanded and Profits Can Be Computed. in This Paper, We Consider Strategy Spaces Consisting of Both Price...