admissible prices. We introduce a new equilibrium concept, called quantity constrained equilibrium (QCE), giving a unified …. Moreover, the set contains for every commodity a generalized Dreze equilibrium, being a QCE at which for that commodity no … binding trade opportunities on both supply and demand are expected, and also a generalized supply-constrained equilibrium at …

cases where additionally, some variables may be strategic complements. The main result here is that the equilibrium set in … such models is a non-empty, complete lattice, if, and only if, there is a unique equilibrium. Indeed, for a given parameter … techniques for exhibiting increasing equilibria or computing equilibria that use the largest or smallest equilibrium, or that use …

precision equilibrium payoffs and Nash equilibria of otherwise very challenging problems, and even some which go beyond the …

formulated as an equilibrium problem with equilibrium constraints (EPEC) and examples have been posed in the literature that have …

Both in game theory and in general equilibrium theory there exists a number of universally stable adjustment processes …. In game theory these processes typically serve the role of selecting a Nash equilibrium. Examples are the tracing … procedure of Harsanyi and Selten or the equilibrium selection procedure proposed by McKelvey and Palfrey. In general equilibrium …

utility (TU) game from the viewpoint of general equilibrium theory. For any given game, we construct a competitive exchange …-balanced general TU game coincides with the set of equilibrium payoff vectors of its corresponding economy and that the coalition … structures of the game are endogenously determined by the equilibrium outcomes of the economy. As a consequence, the core of a …