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A note on global instability of competitive equilibrium

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  • David Gale

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  • David Gale, 1963. "A note on global instability of competitive equilibrium," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 10(1), pages 81-87, March.
    • Handle: RePEc:wly:navlog:v:10:y:1963:i:1:p:81-87
    DOI: 10.1002/nav.3800100107
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    Cited by:

    1. Ken-Ichi Shimomura & Takehiko Yamato, 2011. "Impact of Ethnicities on Market Outcome: Results of Market Experiments in Kenya," Discussion Paper Series DP2011-10, Research Institute for Economics & Business Administration, Kobe University.
    2. Sobel, Joel, 2009. "ReGale: Some memorable results," Games and Economic Behavior, Elsevier, vol. 66(2), pages 632-642, July.
    3. Simina Br^anzei & Nikhil R. Devanur & Yuval Rabani, 2019. "Proportional Dynamics in Exchange Economies," Papers 1907.05037, arXiv.org, revised Sep 2023.
    4. Victor Ginsburgh & Jean Waelbroeck, 1983. "Generalized Tâtonnement and the Solution of Economic Models," The Economic Record, The Economic Society of Australia, vol. 59(2), pages 111-117, June.
    5. Martin Bichler & Johannes Knörr & Felipe Maldonado, 2023. "Pricing in Nonconvex Markets: How to Price Electricity in the Presence of Demand Response," Information Systems Research, INFORMS, vol. 34(2), pages 652-675, June.
    6. D. Wade Hands, 2012. "The Rise and Fall of Walrasian Microeconomics: The Keynesian Effect," Chapters, in: Microfoundations Reconsidered, chapter 3, Edward Elgar Publishing.
    7. Emiko Fukuda & Shuhei Sato & Junyi Shen & Ken-Ichi Shimomura & Takehiko Yamato, 2020. "Walrasian Dynamics with Endowment Changes: The Gale Example in a Laboratory Market Experiment," Discussion Paper Series DP2020-20, Research Institute for Economics & Business Administration, Kobe University, revised Apr 2021.
    8. Junyi Shen & Ken-Ichi Shimomura & Takehiko Yamato & Tokinao Ohtaka & Kiyotaka Takahashi, 2015. "Revisiting Marshallian versus Walrasian Stability in an Experimental Market," Discussion Paper Series DP2015-30, Research Institute for Economics & Business Administration, Kobe University, revised May 2016.
    9. Ajit Sinha, 2010. "On the Notion of Equilibrium or the Centre of Gravitation in Economic Theory," Microeconomics Working Papers 23025, East Asian Bureau of Economic Research.
    10. Crockett, Sean & Friedman, Daniel & Oprea, Ryan, 2017. "Aggregation and convergence in experimental general equilibrium economies constructed from naturally occurring preferences," Discussion Papers, Research Professorship Market Design: Theory and Pragmatics SP II 2017-501, WZB Berlin Social Science Center.
    11. Rabani, Yuval & Schulman, Leonard J., 2021. "The invisible hand of Laplace: The role of market structure in price convergence and oscillation," Journal of Mathematical Economics, Elsevier, vol. 95(C).

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