IDEAS home Printed from https://ideas.repec.org/a/spr/joecth/v45y2010i1p349-378.html
   My bibliography  Save this article

The testable implications of competitive equilibrium in economies with externalities

Author

Listed:
  • Andrés Carvajal

Abstract

No abstract is available for this item.

Suggested Citation

  • Andrés Carvajal, 2010. "The testable implications of competitive equilibrium in economies with externalities," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 45(1), pages 349-378, October.
    • Handle: RePEc:spr:joecth:v:45:y:2010:i:1:p:349-378
    DOI: 10.1007/s00199-009-0474-9
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s00199-009-0474-9
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s00199-009-0474-9?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Forges, Françoise & Minelli, Enrico, 2009. "Afriat's theorem for general budget sets," Journal of Economic Theory, Elsevier, vol. 144(1), pages 135-145, January.
    2. Mas-Colell, Andreu, 1977. "On the equilibrium price set of an exchange economy," Journal of Mathematical Economics, Elsevier, vol. 4(2), pages 117-126, August.
    3. Yves Balasko & Mich Tvede, 2010. "Individual preference rankings compatible with prices, income distributions and total resources," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 45(3), pages 497-513, December.
    4. John K.-H Quah, 2007. "The Comparative Statics of Constrained Optimization Problems," Econometrica, Econometric Society, vol. 75(2), pages 401-431, March.
    5. Milgrom, Paul & Shannon, Chris, 1994. "Monotone Comparative Statics," Econometrica, Econometric Society, vol. 62(1), pages 157-180, January.
    6. Andrés Carvajal, 2003. "Testable Restrictions of Nash Equilibrium in Games with Continuous Domains," Borradores de Economia 229, Banco de la Republica de Colombia.
    7. Matzkin, Rosa L. & Richter, Marcel K., 1991. "Testing strictly concave rationality," Journal of Economic Theory, Elsevier, vol. 53(2), pages 287-303, April.
    8. Kubler, F. & Chiappori, P. -A. & Ekeland, I. & Polemarchakis, H. M., 2002. "The Identification of Preferences from Equilibrium Prices under Uncertainty," Journal of Economic Theory, Elsevier, vol. 102(2), pages 403-420, February.
    9. Donald J. Brown & Rosa L. Matzkin, 2008. "Testable Restrictions on the Equilibrium Manifold," Lecture Notes in Economics and Mathematical Systems, in: Computational Aspects of General Equilibrium Theory, pages 11-25, Springer.
    10. Carvajal Andres & Riascos Alvaro Jose, 2008. "Identification of Individual Demands from Market Data under Uncertainty," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 8(1), pages 1-30, March.
    11. Felix Kubler & Karl Schmedders, 2010. "Non-parametric counterfactual analysis in dynamic general equilibrium," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 45(1), pages 181-200, October.
    12. Rosa L. Matzkin, 2006. "Identification of consumers’ preferences when their choices are unobservable," Studies in Economic Theory, in: Charalambos D. Aliprantis & Rosa L. Matzkin & Daniel L. McFadden & James C. Moore & Nicholas C. Yann (ed.), Rationality and Equilibrium, pages 195-215, Springer.
    13. Carvajal, Andres, 2004. "Testable restrictions on the equilibrium manifold under random preferences," Journal of Mathematical Economics, Elsevier, vol. 40(1-2), pages 121-143, February.
    14. Mantel, Rolf R., 1974. "On the characterization of aggregate excess demand," Journal of Economic Theory, Elsevier, vol. 7(3), pages 348-353, March.
    15. Ruediger Bachmann, 2006. "Testable Implications of Pareto Efficiency and Individualrationality," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 29(3), pages 489-504, November.
    16. Lars Peter Hansen & James J. Heckman, 1996. "The Empirical Foundations of Calibration," Journal of Economic Perspectives, American Economic Association, vol. 10(1), pages 87-104, Winter.
    17. Yves Balasko, 2004. "The equilibrium manifold keeps the memory of individual demand functions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 24(3), pages 493-501, October.
    18. Carvajal Andrés & Riascos Alvaro, 2005. "Identification of Preferences from Market Data," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 5(1), pages 1-17, April.
    19. repec:dau:papers:123456789/13505 is not listed on IDEAS
    20. Chambers, Christopher P. & Echenique, Federico, 2009. "Supermodularity and preferences," Journal of Economic Theory, Elsevier, vol. 144(3), pages 1004-1014, May.
    21. Debreu, Gerard, 1974. "Excess demand functions," Journal of Mathematical Economics, Elsevier, vol. 1(1), pages 15-21, March.
    22. Varian, Hal R, 1984. "The Nonparametric Approach to Production Analysis," Econometrica, Econometric Society, vol. 52(3), pages 579-597, May.
    23. Bachmann, Ruediger, 2004. "Rationalizing allocation data--a nonparametric Walrasian theory when prices are absent or non-Walrasian," Journal of Mathematical Economics, Elsevier, vol. 40(3-4), pages 271-295, June.
    24. Snyder, Susan K., 1999. "Testable restrictions of Pareto optimal public good provision," Journal of Public Economics, Elsevier, vol. 71(1), pages 97-119, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Carvajal, Andrés & González, Natalia, 2014. "On refutability of the Nash bargaining solution," Journal of Mathematical Economics, Elsevier, vol. 50(C), pages 177-186.
    2. Ray, Indrajit & Snyder, Susan, 2013. "Observable implications of Nash and subgame-perfect behavior in extensive games," Journal of Mathematical Economics, Elsevier, vol. 49(6), pages 471-477.
    3. Alfred Galichon & John Quah, 2013. "Symposium on revealed preference analysis," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 54(3), pages 419-423, November.
    4. Carvajal, Andres & Quah, John K.-H., 2009. "A Nonparametric Analysis of the Cournot Model," The Warwick Economics Research Paper Series (TWERPS) 922, University of Warwick, Department of Economics.
    5. Carvajal, Andrés & Song, Xinxi, 2018. "Testing Pareto efficiency and competitive equilibrium in economies with public goods," Journal of Mathematical Economics, Elsevier, vol. 75(C), pages 19-30.
    6. repec:hal:wpaper:halshs-00727806 is not listed on IDEAS
    7. Deb, Rahul & Gazzale, Robert S. & Kotchen, Matthew J., 2014. "Testing motives for charitable giving: A revealed-preference methodology with experimental evidence," Journal of Public Economics, Elsevier, vol. 120(C), pages 181-192.
    8. Françoise Forges & Vincent Iehlé, 2013. "Essential data, budget sets and rationalization," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 54(3), pages 449-461, November.
    9. Ray, Indrajit & Snyder, Susan, 2013. "Observable implications of Nash and subgame-perfect behavior in extensive games," Journal of Mathematical Economics, Elsevier, vol. 49(6), pages 471-477.
    10. Ennio Bilancini, 2010. "On the Rationalizability of Observed Consumers Choise when Prefeerences else," Department of Economics 0636, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
    11. Ennio Bilancini, 2011. "On the rationalizability of observed consumers’ choices when preferences depend on budget sets and (potentially) on anything else," Journal of Economics, Springer, vol. 102(3), pages 275-286, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Andrés Carvajal, 2003. "Testable Restrictions og General Equilibrium Theory in Exchange Economies with Externalities," Borradores de Economia 3556, Banco de la Republica.
    2. Carvajal, Andres & Polemarchakis, H.M., 2008. "Identification of Pareto-improving policies: Information as the real invisible hand," Journal of Mathematical Economics, Elsevier, vol. 44(2), pages 167-179, January.
    3. Carvajal, Andres & Ray, Indrajit & Snyder, Susan, 2004. "Equilibrium behavior in markets and games: testable restrictions and identification," Journal of Mathematical Economics, Elsevier, vol. 40(1-2), pages 1-40, February.
    4. Chiappori, P. -A. & Ekeland, I. & Kubler, F. & Polemarchakis, H. M., 2004. "Testable implications of general equilibrium theory: a differentiable approach," Journal of Mathematical Economics, Elsevier, vol. 40(1-2), pages 105-119, February.
    5. repec:dau:papers:123456789/6360 is not listed on IDEAS
    6. Pierre-André Chiappori & Ivar Ekeland & Felix Kübler & Heracles M. Polemarchakis, 1999. "The Identification of Preferences from Equilibrium Prices," Working Papers hal-00598229, HAL.
    7. Andrés Carvajal & Alvaro Riascos, 2005. "The Identification Of Preferences From Market Data Under Uncertainty," Documentos CEDE 3599, Universidad de los Andes, Facultad de Economía, CEDE.
    8. Carvajal, Andrés & Song, Xinxi, 2018. "Testing Pareto efficiency and competitive equilibrium in economies with public goods," Journal of Mathematical Economics, Elsevier, vol. 75(C), pages 19-30.
    9. Kubler, F. & Chiappori, P. -A. & Ekeland, I. & Polemarchakis, H. M., 2002. "The Identification of Preferences from Equilibrium Prices under Uncertainty," Journal of Economic Theory, Elsevier, vol. 102(2), pages 403-420, February.
    10. Cherchye, Laurens & Demuynck, Thomas & De Rock, Bram, 2011. "Testable implications of general equilibrium models: An integer programming approach," Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 564-575.
    11. Felix Kubler & Karl Schmedders, 2010. "Non-parametric counterfactual analysis in dynamic general equilibrium," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 45(1), pages 181-200, October.
    12. Carvajal, Andres, 2004. "Testable restrictions on the equilibrium manifold under random preferences," Journal of Mathematical Economics, Elsevier, vol. 40(1-2), pages 121-143, February.
    13. Carvajal, Andres & Quah, John K.-H., 2009. "A Nonparametric Analysis of the Cournot Model," The Warwick Economics Research Paper Series (TWERPS) 922, University of Warwick, Department of Economics.
    14. Bachmann, Ruediger, 2004. "Rationalizing allocation data--a nonparametric Walrasian theory when prices are absent or non-Walrasian," Journal of Mathematical Economics, Elsevier, vol. 40(3-4), pages 271-295, June.
    15. Paul Oslington, 2012. "General Equilibrium: Theory and Evidence," The Economic Record, The Economic Society of Australia, vol. 88(282), pages 446-448, September.
    16. Felix Kubler, 2008. "Observable Restrictions of General Equilibrium Models with Financial Markets," Lecture Notes in Economics and Mathematical Systems, in: Computational Aspects of General Equilibrium Theory, pages 93-108, Springer.
    17. KÜBLER, Felix & POLEMARCHAKIS, Heracles, 1999. "The identification of preferences from the equilibrium prices of commodities and assets," LIDAM Discussion Papers CORE 1999033, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    18. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875, January.
    19. Williams, Steven R., 2002. "Equations on the Derivatives of an Initial Endowment-Competitive Equilibrium Mapping for an Exchange Economy," Working Papers 02-0110, University of Illinois at Urbana-Champaign, College of Business.
    20. Chambers, Christopher P. & Echenique, Federico & Shmaya, Eran, 2010. "On behavioral complementarity and its implications," Journal of Economic Theory, Elsevier, vol. 145(6), pages 2332-2355, November.
    21. Christopher P Chambers & Federico Echenique, 2021. "Empirical Welfare Economics," Papers 2108.03277, arXiv.org, revised Sep 2022.

    More about this item

    Keywords

    Nash–Walras equilibrium; Externalities; Public goods; Testable restrictions; Empirical implications; Revealed preferences; D12; D50; D62;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • D62 - Microeconomics - - Welfare Economics - - - Externalities

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:joecth:v:45:y:2010:i:1:p:349-378. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.