منابع مشابه
Stochastic stability in the Scarf economy
We present a mathematical model for the analysis of the bargaining games based on private prices used by Gintis to simulate the dynamics of prices in exchange economies, see [Gintis 2007]. We then characterize, in the Scarf economy, a class of dynamics for which the Walrasian equilibrium is the only stochastically stable state. Hence, we provide dynamic foundations for general equilibrium for o...
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In the Shapley–Scarf economy there are n agents. Each one is endowed with one unit of an indivisible good (house) and wants to exchange it for another, possibly the most preferred one from the n different houses in the market. In this economy, a core is always nonempty and a core allocation can be found by the famous Top Trading Cycles algorithm. Recently, a modification of this economy, contai...
متن کاملOn the Shapley-Scarf Economy: The Case of Multiple Types of Indivisible Goods∗
We study a generalization of Shapley-Scarf’s (1974) economy in which multiple types of indivisible goods are traded. We show that many of the distinctive results from the Shapley-Scarf economy do not carry over to this model, even if agents’ preferences are strict and can be represented by additively separable utility functions. The core may be empty. The strict core, if nonempty, may be multi-...
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this research is about the political economy of china in central asia. in this research the political & economic interactions affected on chinas political economy in central asia are examined. chinas goal of presence in central asia including political-security, economic and energy goals is described in one part. in another part, the trade relations between china and central asian countries ar...
15 صفحه اولThe Effect of Zakat on Consumption Stability in the Iranian Economy in the form of the New Keynesian DSGE Model
Household Consumption Decisions Have a Significant Impact on The Behavior of Macroeconomic Variables in The Short and Long Run. One of The Factors Affecting the Consumption of Households in an Islamic Society Is Zakat, Which Is Established in Islam to Combat Poverty and Acts as a Tool to Redistribute Income and Wealth from The Rich to The Poor and Plays an Important Role In Ensuring Justice and...
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ژورنال
عنوان ژورنال: Mathematical Social Sciences
سال: 2014
ISSN: 0165-4896
DOI: 10.1016/j.mathsocsci.2013.09.002