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Guangdong is one of the fastest growing Chinese provinces and has a high level of gross migration flows. Its intra-province migration is 2.7 times higher than its inter-province migration. We study migration between the 18 prefecture-level divisions of Guangdong during 1990-1999 using annual...
Persistent link: https://www.econbiz.de/10010553032
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A group of heterogenous agents may form partnerships in pairs. All single agents as well as all partnerships generate values. If two agents choose to cooperate, they need to specify how to split their joint value among one another. In equilibrium, which may or may not exist, no agents have...
Persistent link: https://www.econbiz.de/10010605345
We study a market model where there are n different types of indivisible goods for sale. The goods can be substitutable or complementary. There are multiple units of each good. Each agent may consume several goods and has quasi-linear utilities in money. We introduce a general condition which...
Persistent link: https://www.econbiz.de/10010678502
We address the problem of computing a Walrasian equilibrium price in an ascending auction with gross substitutes valuations. In particular, an auction market is considered where there are multiple differentiated goods and each good may have multiple units. Although the ascending auction is known...
Persistent link: https://www.econbiz.de/10010679667