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Determinants of marathoners' event expenditures : an in-depth exploration of past experience

Park, Kwangsoo; Park, Jeong-Yeol; Back, Robin M. - In: Journal of hospitality and tourism insights 2 (2019) 2, pp. 110-120

Persistent link: https://www.econbiz.de/10012027685

A note on the existence of Walras equilibrium in irreducible economies with satiable and non-ordered preferences

Miyazaki, Kentaro; Takekuma, Shin-Ichi - Graduate School of Economics, Hitotsubashi University - 2013

weaker assumptions of non-satiation. …

Persistent link: https://www.econbiz.de/10010700902

Non-existence of competitive equilibria with dynamically inconsistent preferences

Gabrieli, Tommaso; Ghosal, Sayantan - In: Economic Theory 52 (2013) 1, pp. 299-313

This paper shows the robust non-existence of competitive equilibria even in a simple three period representative agent economy with dynamically inconsistent preferences. We distinguish between a sophisticated and naive representative agent. Even when underlying preferences are monotone and...

Persistent link: https://www.econbiz.de/10010634232

Some sufficient conditions for the existence of a competitive equilibrium in economies with satiated consumers

Sato, Norihisa - In: Economics Bulletin 3 (2008) 73, pp. 1-8

It is well known that a competitive equilibrium may fail to exist when consumers' preferences are possibly satiated. In this paper, we provide three new sufficient conditions for the existence of a competitive equilibrium in the standard Arrow-Debreu pure exchange economy with satiated...

Persistent link: https://www.econbiz.de/10005110756

Walras and Dividends Equilibrium with Possibly Satiated Consumers

Allouch, Nizar; Van, Cuong Le - School of Economics and Finance, Queen Mary - 2006

The main contribution of the paper is to provide a weaker non-satiation assumption than the one commonly used in the … literature to ensure the existence of competitive equilibrium. Our assumption allows for satiation points inside the set of … individually feasible consumptions, provided that the consumer has satiation points available to him outside this set. As a result …

Persistent link: https://www.econbiz.de/10005106441

Predicting utility under satiation and habituation

Baucells, Manel; Sarin, Rakesh K. - IESE Business School, Universidad de Navarra - 2007

We introduce a modification of the discounted utility model that accounts for both habituation and satiation in … intertemporal choice. Habituation level and satiation level are state variables that induce changes in preferences as those states …

Persistent link: https://www.econbiz.de/10005053723

Non-Existence of Competitive Equilibria with Dynamically Inconsistent Preferences

Gabrieli, Tommaso; Ghosal, Sayantan - Department of Economics, University of Warwick - 2009

This paper shows the robust non existence of competitive equilibria even in a simple three period representative agent economy with dynamically inconsistent preferences. We distinguish between a sophisticated and naive representative agent. Even when underlying preferences are monotone and...

Persistent link: https://www.econbiz.de/10005747051

The core of an economy with satiation

Konovalov, Alexander - In: Economic Theory 25 (2005) 3, pp. 711-719

It has long been known that in economies with satiation, the set of competitive equilibria does not coincide with the …

Persistent link: https://www.econbiz.de/10005596631

Capital market equilibrium without riskless assets: heterogeneous expectations

Won, D.; Hahn, G.; Yannelis, N. - In: Annals of Finance 4 (2008) 2, pp. 183-195

Persistent link: https://www.econbiz.de/10005701360

Fuzzy Rejective Core of Satiated Economies with Unbounded Consumption Sets

Allouch, Nizar; Florenzano, Monique - School of Economics and Finance, Queen Mary - 2012

the equilibrium with dividends existence problem. Adding to the same assumptions a weak non-satiation condition which … differs from the weak non-satiation assumption introduced by Allouch-Le Van (2009), we show in a last section the existence of …

Persistent link: https://www.econbiz.de/10010780014