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The no-surplus condition as a characterization of perfectly competitive equilibrium

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  • Ostroy, Joseph M.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Theory.

Volume (Year): 22 (1980)
Issue (Month): 2 (April)
Pages: 183-207

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Handle: RePEc:eee:jetheo:v:22:y:1980:i:2:p:183-207

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Web page: http://www.elsevier.com/locate/inca/622869

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References

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  1. Hansen, Terje, 1969. "A Note on the Limit of the Core of an Exchange Economy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 10(3), pages 479-83, October.
  2. Roberts, Donald John & Postlewaite, Andrew, 1976. "The Incentives for Price-Taking Behavior in Large Exchange Economies," Econometrica, Econometric Society, vol. 44(1), pages 115-27, January.
  3. Shafer, Wayne & Sonnenschein, Hugo, 1975. "Equilibrium in abstract economies without ordered preferences," Journal of Mathematical Economics, Elsevier, vol. 2(3), pages 345-348, December.
  4. JASKOLD GABSZEWICZ, Jean & MERTENS, Jean-François, . "An equivalence theorem for the core of an economy whose atoms are not "too" big," CORE Discussion Papers RP -103, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  5. Gale, D. & Mas-Colell, A., 1975. "An equilibrium existence theorem for a general model without ordered preferences," Journal of Mathematical Economics, Elsevier, vol. 2(1), pages 9-15, March.
  6. Grodal, Birgit, 1972. "A Second Remark on the Core of an Atomless Economy," Econometrica, Econometric Society, vol. 40(3), pages 581-83, May.
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Citations

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Cited by:
  1. Louis Makowski & Joseph M. Ostroy, 1984. "Vickrey-Clarke-Groves Mechanisms and Perfect Competition," UCLA Economics Working Papers 333, UCLA Department of Economics.
  2. Louis Makowski & Joseph M. Ostroy, 1991. "The Margin of Appropriation and an Extension of the First Theorem of Welfare Economists," UCLA Economics Working Papers 629, UCLA Department of Economics.
  3. Oliver Hart & John Moore, 1998. "Cooperatives vs. Outside Ownership," NBER Working Papers 6421, National Bureau of Economic Research, Inc.
  4. Makowski, Louis & Ostroy, Joseph M, 1995. "Appropriation and Efficiency: A Revision of the First Theorem of Welfare Economics," American Economic Review, American Economic Association, vol. 85(4), pages 808-27, September.
  5. Michele Boldrin & David K Levine, 2008. "Appropriation and Intellectual Property," Levine's Working Paper Archive 122247000000002262, David K. Levine.
  6. Sjur Didrik Flåm, 2013. "Reaching Market Equilibrium Merely by Bilateral Barters," CESifo Working Paper Series 4504, CESifo Group Munich.
  7. Simeon Alder, 2010. "In the Wrong Hands: Complementarities, Resource Allocation, and TFP," Working Papers 018, University of Notre Dame, Department of Economics, revised Nov 2012.
  8. Martin Hellwig, 2004. "Nonlinear Incentive Provision in Walrasian Markets: A Cournot Convergence Approach," Working Paper Series of the Max Planck Institute for Research on Collective Goods 2004_8, Max Planck Institute for Research on Collective Goods.
  9. Been-Lon Chen & Jie-Ping Mo & Ping Wang, 2012. "Two-sided micro-matching with technical progress," Economic Theory, Springer, vol. 50(2), pages 445-462, June.
  10. Louis Makowski & Joseph M. Ostroy, 1990. "The Existence of Perfectly Competitive Equilibrium a la Wicksteed," UCLA Economics Working Papers 606, UCLA Department of Economics.
  11. Stuart, Harborne Jr., 2004. "Efficient spatial competition," Games and Economic Behavior, Elsevier, vol. 49(2), pages 345-362, November.
  12. Joseph M. Ostroy & Louis Makowski, 2001. "Perfect Competition and the Creativity of the Market," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 479-535, June.

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