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An Example of a Trading Economy with Three Competitive Equilibria

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Author Info
Shapley, Lloyd S
Shubik, Martin

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Publisher Info
Article provided by University of Chicago Press in its journal Journal of Political Economy.

Volume (Year): 85 (1977)
Issue (Month): 4 (August)
Pages: 873-75
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Handle: RePEc:ucp:jpolec:v:85:y:1977:i:4:p:873-75

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  1. Cheng-Zhong Qin & Martin Shubik, 2009. "Selecting a Unique Competitive Equilibrium with Default Penalties," Cowles Foundation Discussion Papers 1712, Cowles Foundation, Yale University. [Downloadable!]
  2. Timothy J. Kehoe & David K. Levine, 1990. "Indeterminacy in Applied Intertemporal General Equilibrium Models," Levine's Working Paper Archive 2042, David K. Levine. [Downloadable!]
  3. Ted Bergstrom & Ken-Ichi Shimomura & Takehiko Yamato, 2008. "Simple Economies with Multiple Equilibria," University of California at Santa Barbara, Economics Working Paper Series 07-09-08, Department of Economics, UC Santa Barbara. [Downloadable!]
  4. Cheng-Zhong Qin, 2006. "A Credit Mechanism for Selecting a Unique Competitive Equilibrium," University of California at Santa Barbara, Economics Working Paper Series 02-06, Department of Economics, UC Santa Barbara. [Downloadable!]
  5. Alok Kumar & Martin Shubik, 2001. "Variations on the Theme of Scarf's Counter-Example," Working Papers 01-12-074, Santa Fe Institute.
    Other versions:
  6. Juergen Huber & Martin Shubik & Shyam Sunder, 2009. "Default Penalty as Disciplinary and Selection Mechanism in Presence of Multiple Equilibria," Cowles Foundation Discussion Papers 1730, Cowles Foundation, Yale University. [Downloadable!]
  7. Cheng-Zhong Qin & Martin Shubik, 2005. "A Credit Mechanism for Selecting a Unique Competitive Equilibrium," Cowles Foundation Discussion Papers 1539, Cowles Foundation, Yale University, revised Nov 2006. [Downloadable!]
  8. Chen-Zhong Qin & Lloyd S. Shapley & Martin Shubik, 2009. "Marshallian Money, Welfare, and Side-Payments," Cowles Foundation Discussion Papers 1729, Cowles Foundation, Yale University. [Downloadable!]
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This page was last updated on 2009-11-16.

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