In a general equilibrium model with a continuum of traders and bounded aggregate endowment, I investigate the Market …

transacting agents prior to any transfers- created by a buyer-seller match. Personalized price equilibrium outcomes are …

. Using an example of an LDG with two actions and a single trait in which some Nash equilibrium distributions cannot be …

Health, we estimate an equilibrium matching model of high school relationships. Variation in gender ratios is used to uncover …

demand. They show that when an appropriate Markovian dynamics is taken into account, the AYM has different equilibrium … Yoshikawa is recovered only in the case c = 0. All the other possible cases give different equilibrium probability distributions … equilibrium in Economics …

The standard Walrasian equilibrium theory requires that the marginal value product of production factor such as labor … theory allegedly fills this gap by encompassing apparent disequilibrium phenomena in the neoclassical equilibrium framework … behavior of economic agents. We must seek a new concept of equilibrium different from the standard Walrasian equilibrium in …