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General equilibrium analysis on arms exports to developing countries in conflict

Fukiharu, T. - In: Mathematics and Computers in Simulation (MATCOM) 68 (2005) 5, pp. 439-448

countries in the “stability” case. By simulation we show that as pM falls, the number of “non-existence” cases increases, the … the decline of pM on the “existence” of solution to the game, its “stability”, and finally on the utility levels of two … levels of two countries” cases among “stability” cases falls. In Section 4, assuming that the above countries have domestic …

Persistent link: https://www.econbiz.de/10011050903

The effect of railway travel on urban spatial structure

Dröes, Martijn I.; Rietveld, Piet - 2014

We examine the effect of railway travel on urban spatial structure in a polycentric urban land use model. We focus on the role of access to the railway network. We find that if the number of train stations is limited, the degree of urbanization is higher around train stations, but the effect of...

Persistent link: https://www.econbiz.de/10010348424

RHOMOLO: a dynamic spatial general equilibrium model

Kancs, D'Artis - 2010

This paper presents the new dynamic spatial general equilibrium (DSGE) model – RHOMOLO, which is built to support the EU policy design by undertaking holistic, micro-founded and disaggregated policy impact assessment. The RHOMOLO model is based on the theories of general equilibrium,...

Persistent link: https://www.econbiz.de/10011524125

Dividing by demanding : object division through market procedures

Haake, Claus-Jochen (contributor) - 2004

We discuss a model, in which two agents may distribute finitely many objects among themselves. The conflict is resolved by means of a market procedure. Depending on the specifications, this procedure serves to implement bargaining solutions such as the discrete Raiffa solution, the...

Persistent link: https://www.econbiz.de/10003731612

Solving discrete systems of nonlinear equations

Laan, Gerard van der (contributor); Talman, Dolf (contributor) - 2008

Persistent link: https://www.econbiz.de/10003807167

The supply function equilibrium and its policy implications for wholesale electricity auctions

Holmberg, Pär; Newbery, David M. G. - 2009

The supply function equilibrium provides a game-theoretic model of strategic bidding in oligopolistic wholesale electricity auctions. This paper presents an intuitive account of current understanding and shows how welfare losses depend on the number of firms in the market and their asymmetry....

Persistent link: https://www.econbiz.de/10003895566

Representation of TU games by coalition production economies

Inoue, Tomoki - 2010

We prove that every transferable utility (TU) game can be generated by a coalition production economy. Given a TU game, the set of Walrasian payoff vectors of the induced coalition production economy coincides with the core of the balanced cover of the given game. Therefore, a Walrasian...

Persistent link: https://www.econbiz.de/10003964864

Existence of exact Walrasian equilibria in non convex economies

D'Agata, Antonio - 2011

The existence of an exact Walrasian equilibrium in non convex economies is still a largely unexplored issue. In this paper an existence result for exact equilibrium in non convex economies is provided by following the "almost-near" approach introduced by Postlewaite and Schmeidler for convex...

Persistent link: https://www.econbiz.de/10009376157

Existence of an exact Walrasian equilibrium in nonconvex economies

D'Agata, Antonio - 2012

The existence of an exact Walrasian equilibrium in nonconvex economies is still a largely unexplored issue. This paper shows that such an equilibrium exists in nonconvex economies by following the "nearby economy"approach introduced by Postlewaite and Schmeidler (Approximate Walrasian...

Persistent link: https://www.econbiz.de/10009521465

Solving discrete systems of nonlinear equations

Laan, Gerard van der; Talman, Dolf; Yang, Zaifu - 2009

We study the existence problem of a zero point of a function defined on a finite set of elements of the integer lattice of the n-dimensional Euclidean space. It is assumed that the set is integrally convex, which implies that the convex hull of the set can be subdivided in simplices such that...

Persistent link: https://www.econbiz.de/10011378347

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