Characterization of the Walrasian equilibria of the assignment model

التفاصيل البيبلوغرافية
العنوان: Characterization of the Walrasian equilibria of the assignment model
المؤلفون: Debasis Mishra, Dolf Talman
المصدر: Journal of Mathematical Economics. 46:6-20
بيانات النشر: Elsevier BV, 2010.
سنة النشر: 2010
مصطلحات موضوعية: TheoryofComputation_MISCELLANEOUS, Computer Science::Computer Science and Game Theory, Economics and Econometrics, Mathematical optimization, General equilibrium theory, Applied Mathematics, jel:D50, jel:D44, TheoryofComputation_GENERAL, Directed graph, Characterization (mathematics), Walrasian auction, jel:C69, Computer Science::Computers and Society, Set (abstract data type), Economics, Mathematical economics
الوصف: We study the assignment model where a collection of indivisible goods are sold to a set of buyers who want to buy at most one good. We characterize the extreme and interior points of the set of Walrasian equilibrium price vectors for this model. Our characterizations are in terms of demand sets of buyers. Using these characterizations, we also give a unique characterization of the minimum and the maximum Walrasian equilibrium price vectors. Also, necessary and sufficient conditions are given under which the interior of the set of Walrasian equilibrium price vectors is non-empty. Several of the results are derived by interpreting Walrasian equilibrium price vectors as potential functions of an appropriate directed graph.
تدمد: 0304-4068
الوصول الحر: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::07005875aa80f84ea942c44839911a2aTest
https://doi.org/10.1016/j.jmateco.2009.05.008Test
حقوق: OPEN
رقم الانضمام: edsair.doi.dedup.....07005875aa80f84ea942c44839911a2a
قاعدة البيانات: OpenAIRE