Showing 111 - 120 of 54,696
competition and robustification, we derive algorithmically tractable convex optimization counterparts that have a clear …-cut economic interpretation. In the case of perfect competition, this result corresponds to the two classic welfare theorems, which … the different effects of the combination of economic competition and uncertainty modeling. …
Persistent link: https://www.econbiz.de/10012697234
Persistent link: https://www.econbiz.de/10011616081
Persistent link: https://www.econbiz.de/10012267178
Persistent link: https://www.econbiz.de/10011573887
Persistent link: https://www.econbiz.de/10011723680
This paper presents a general model of a competitive market with consumption externalities, and establishes the existence of equilibrium in the model, under assumptions comparable to those in classical models. The model allows production and indivisible goods. Examples illustrate the generality...
Persistent link: https://www.econbiz.de/10011703053
Persistent link: https://www.econbiz.de/10011595621
Persistent link: https://www.econbiz.de/10011982816
Persistent link: https://www.econbiz.de/10012003305
Persistent link: https://www.econbiz.de/10011947342