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Manipulation of endowments and sunspot equilibria

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  • Aditya Goenka
  • Stefano Matta

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  • Aditya Goenka & Stefano Matta, 2008. "Manipulation of endowments and sunspot equilibria," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 36(2), pages 267-282, August.
    • Handle: RePEc:spr:joecth:v:36:y:2008:i:2:p:267-282
    DOI: 10.1007/s00199-007-0265-0
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    References listed on IDEAS

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    1. Goenka, Aditya, 1994. "Fiscal Rules and Extrinsic Uncertainty," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 4(3), pages 401-416, May.
    2. Yves Balasko & David Cass & Karl Shell, 1995. "Market Participation and Sunspot Equilibria," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 62(3), pages 491-512.
    3. Balasko, Yves, 1979. "A geometric approach to equilibrium analysis," Journal of Mathematical Economics, Elsevier, vol. 6(3), pages 217-228, December.
    4. Cass, David & Shell, Karl, 1983. "Do Sunspots Matter?," Journal of Political Economy, University of Chicago Press, vol. 91(2), pages 193-227, April.
    5. Gale, David, 1974. "Exchange equilibrium and coalitions : An example," Journal of Mathematical Economics, Elsevier, vol. 1(1), pages 63-66, March.
    6. Balasko, Yves, 1975. "Some results on uniqueness and on stability of equilibrium in general equilibrium theory," Journal of Mathematical Economics, Elsevier, vol. 2(2), pages 95-118.
    7. Goenka Aditya, 1994. "Rationing and Sunspot Equilibria," Journal of Economic Theory, Elsevier, vol. 64(2), pages 424-442, December.
    8. Garratt, Rod & Goenka, Aditya, 1995. "Income redistributions without catastrophes," Journal of Economic Dynamics and Control, Elsevier, vol. 19(1-2), pages 441-455.
    9. Karl Shell & Aditya Goenka, 1997. "Robustness of sunspot equilibria," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 10(1), pages 79-98.
    10. Balasko, Yves, 1979. "Budget-constrained Pareto-efficient allocations," Journal of Economic Theory, Elsevier, vol. 21(3), pages 359-379, December.
    11. Balasko, Yves, 1983. "Extrinsic uncertainty revisited," Journal of Economic Theory, Elsevier, vol. 31(2), pages 203-210, December.
    12. Balasko, Yves, 1990. "Equivariant general equilibrium theory," Journal of Economic Theory, Elsevier, vol. 52(1), pages 18-44, October.
    13. Safra, Zvi, 1990. "Connectedness of the set of manipulable equilibria," Mathematical Social Sciences, Elsevier, vol. 19(1), pages 45-53, February.
    14. Safra, Zvi, 1983. "Manipulation by reallocating initial endowments," Journal of Mathematical Economics, Elsevier, vol. 12(1), pages 1-17, September.
    15. Balasko, Yves, 1978. "The Transfer Problem and the Theory of Regular Economies," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 19(3), pages 687-694, October.
    16. Piero Gottardi & Atsushi Kajii, 1999. "The Structure of Sunspot Equilibria: The Role of Multiplicity," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(3), pages 713-732.
    17. Karl Shell & Aditya Goenka, 1996. "When sunspots don't matter (*)," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 9(1), pages 169-178.
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    Citations

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    Cited by:

    1. Somdeb Lahiri, 2005. "Manipulation via Endowments in a Market with Profit Maximizing Agents," Game Theory and Information 0511008, University Library of Munich, Germany.
    2. Andrea Loi & Stefano Matta, 2021. "Minimal entropy and uniqueness of price equilibria in a pure exchange economy," Papers 2102.09827, arXiv.org.
    3. Ram Sewak Dubey & Minwook Kang, 2019. "Transfer paradox in a stable equilibrium," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 7(2), pages 259-269, December.
    4. Loi, Andrea & Matta, Stefano, 2021. "Minimal entropy and uniqueness of price equilibria in a pure exchange economy," Journal of Mathematical Economics, Elsevier, vol. 97(C).

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    More about this item

    Keywords

    Sunspot equilibrium; Manipulation via endowments; Coalition formation; Equilibrium manifold; D50; D51; D52; D80;
    All these keywords.

    JEL classification:

    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
    • D52 - Microeconomics - - General Equilibrium and Disequilibrium - - - Incomplete Markets
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General

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