Download or read book Existence of Competitive Equilibria in Overlapping generations Models written by Shuhei Shiozawa and published by . This book was released on 1986 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book On the Existence of Optimal Competitive Equilibria in the Overlapping generations Model written by Teodoro Millan and published by . This book was released on 1981 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Existence and Optimality of Competitive Equilibria written by Charalambos D. Aliprantis and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is a systematic exposition of the authors' research on general equi librium models with an infinite number of commodities. It is intended to serve both as a graduate text on aspects of general equilibrium theory and as an introduction, for economists and mathematicians working in mathematical economics, to current research in a frontier area of general equilibrium theory. To this end, we have pro vided two introductory chapters on the basic economic model and the mathematical framework. The exercises at the end of each section complement the main exposition. Chapter one is a concise but substantiative discussion of the questions of exis tence and optimality of competitive equilibria in the Walrasian general equilibrium model of an economy with a finite number of households, firms and commodities. Our extension of this model to economies with an infinite number of commodities constitutes the core material of this book and begins in chapter three. Readers fa miliar with the Walrasian general equilibrium model as exposited in (13], [23] or [52] may treat chapter one as a handy reference for the main economic concepts and notions that are used throughout the book.

Download or read book On the Existence of Pareto Optima and Interest Competitive Equilibria in the Generation overlapping Exchange Economy written by Ken Urai and published by . This book was released on 1988 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Overlapping Generations written by Stephen E. Spear and published by Emerald Group Publishing. This book was released on 2023-09-04 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didn’t become the central workhorse model for macroeconomics, as opposed to the neoclassical growth model. The authors here explore the co-evolution of the two models.

Download or read book Handbook of Mathematical Economics written by Kenneth J. Arrow and published by North Holland. This book was released on 1981 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: V.2: Mathematical approaches to microeconomic theory. Mathematical approaches to competitive equilibrium.

Download or read book The Social Viability of Money written by Joan Esteban and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book overlapping generations economies are analysed from a game theoretical point of view and the social acceptability of consumption allocations is studied in infinite horizon models of pure exchange economieswith agents with finite lifetimes who behave cooperatively. The core of such economies and its relation with competitive equilibria, both walrasian and monetary and the essential characteristics of the overlapping generations model are examined. The author defines the problem of trust in intertemporal consumption allocations as a question of belonging or not to the core of economy and provides a full characterization of the core allocations for n-goods pure exchange economies with one agent per generation: a consumption allocation belongs to the core if and only it is Pareto optimal and Sequentially Individually Rational. From this it follows that for one commodity economies no consumption allocation involving intertemporal transfers can belong to the core of the economy. In other words, no monetary equilibrium is socially viable. This result is no longer true for many goods models. For that case it is demonstrated that there exist bounds on the real value of equilibrium money purchases beyond which monetary equilibria are not socially viableand with many agents in every generation it is shown that as the economy becomes large and monetary (as well as IOU) equilibria become eventually excluded from the core of the economy. These results provide an analytical rationale for the fact that in most countries fiat money is legal tender.

Download or read book An Overlapping Generation Model with Exhaustible Resources written by Antonio Manresa and published by . This book was released on 1984 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book EQUIVALENCE BETWEEN THE CORE AND THE SET OF COMPETITIVE EQUILIBRIA IN OVERLAPPING GENERATIONS AND INCOMPLETE MARKET WITH MANY AGENTS A OVERLAPPING GENERATIONS MODELS WITHOUT MONEY written by Yves YOUNES and published by . This book was released on 1987 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Existence of Steady state Equilibrium in an Overlapping Generations Models with Production written by Hideo Konishi and published by . This book was released on 1995 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Equilibria with Incomplete Markets and Overlapping Generations written by David Cass and published by . This book was released on 1991 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Equivalence Between the Core and the Set of Competitive Equilibria in Overlapping Generations and Incomplete Market Models with Many Agents written by Yves Younes and published by . This book was released on 1987 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Overlapping Generations Model with Endogenous Policy written by Michael Bruce Loewy and published by . This book was released on 1986 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Overlapping Generations written by Markus Kristinn Möller and published by . This book was released on 1992 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Existence of Equilibrium in the Overlapping Generations Model the Nontransitive Case written by Imed Cherif and published by . This book was released on 1992 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book On the Equilibrium Concept for Overlapping Generations Organizations written by Edward C. Prescott and published by . This book was released on 2000 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Competitive Equilibria in Overlapping Generations Experiments written by Charalambos D. Aliprantis and published by . This book was released on 1990 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: