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Implementation of the Walrasian Correspondence by Market Games

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Author Info
Carmen Bevi?Author-Email: Carmen.Bevia@uab.es
Luis C. Corch?n
Simon Wilkie

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Abstract

In this paper we present a set of axioms guaranteeing that, in exchange economies with or without indivisible goods, the set of Nash, Strong and active Walrasian Equilibria all coincide in the framework of market games.

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Publisher Info
Paper provided by Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) in its series UFAE and IAE Working Papers with number 493.01.

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Handle: RePEc:aub:autbar:493.01

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Related research
Keywords: Market Games; Implementation;

Other versions of this item:

Find related papers by JEL classification:
D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
D40 - Microeconomics - - Market Structure and Pricing - - - General
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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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.:
  1. Luis Corchón & Simon Wilkie, 1990. "Doubly Implementing The Ratio Correspondence With A "Natural" Mechanism," Working Papers. Serie AD 1990-03, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
  2. Begoña Subiza & Carmen Herrero Blanco, 1991. "A Characterization Of Acyclic Preferences On Countable Sets," Working Papers. Serie AD 1991-01, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
  3. Postlewaite, Andrew & Wettstein, David, 1989. "Feasible and Continuous Implementation," Review of Economic Studies, Blackwell Publishing, vol. 56(4), pages 603-11, October. [Downloadable!] (restricted)
  4. Benassy, Jean-Pascal, 1986. "On Competitive Market Mechanisms," Econometrica, Econometric Society, vol. 54(1), pages 95-108, January. [Downloadable!] (restricted)
    Other versions:
  5. Luis Corchón & Carmen Beviá Baeza, 1993. "On The Generic Impossibility Of Truthful Behavior: A Simple Approach," Working Papers. Serie AD 1993-06, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
    Other versions:
  6. Corchon, Luis & Ritzberger, Klaus, 1992. "On the Non-Cooperative Foundations of Cooperative Bargaining," MPRA Paper 18461, University Library of Munich, Germany. [Downloadable!]
  7. Roth, Alvin E. & Sotomayor, Marilda, 1988. "Interior points in the core of two-sided matching markets," Journal of Economic Theory, Elsevier, vol. 45(1), pages 85-101, June. [Downloadable!] (restricted)
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    Other versions:
  11. Fernando Vega Redondo, 1993. "Shaping Long-Run Expectations In Problems Of Coordination," Working Papers. Serie AD 1993-05, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
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  19. Luis Corchón, 1993. "Comparative Statics For Market Games: The Strong Concavity Case," Working Papers. Serie AD 1993-08, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
  20. Luis Corchón & Ignacio Ortuño Ortín, 1991. "Robust Implementation Under Alternative Information Structures," Working Papers. Serie AD 1991-12, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
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  21. Antonio Villar Notario & Carmen Herrero Blanco, 1990. "Vector Mappings With Diagonal Images," Working Papers. Serie AD 1990-01, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
    Other versions:
  22. Schmeidler, David, 1980. "Walrasian Analysis via Strategic Outcome Functions," Econometrica, Econometric Society, vol. 48(7), pages 1585-93, November. [Downloadable!] (restricted)
  23. Fernando Vega Redondo, 1991. "Competition And Culture In The Evolution Of Economic Behavior: A Simple Example," Working Papers. Serie AD 1991-08, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
  24. Walker, Mark, 1981. "A Simple Incentive Compatible Scheme for Attaining Lindahl Allocations," Econometrica, Econometric Society, vol. 49(1), pages 65-71, January. [Downloadable!] (restricted)
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  26. Dubey, Pradeep, 1982. "Price-Quantity Strategic Market Games," Econometrica, Econometric Society, vol. 50(1), pages 111-26, January. [Downloadable!] (restricted)
  27. Corchon, Luis, 1994. "Imperfectly competitive markets, trade unions and inflation: Do imperfectly competitive markets transmit more inflation than perfectly competitive ones? A theoretical appraisal," MPRA Paper 18627, University Library of Munich, Germany. [Downloadable!]
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  30. Herrero, Carmen & Marco, Maria Carmen, 1993. "Rational equal-loss solutions for bargaining problems," Mathematical Social Sciences, Elsevier, vol. 26(3), pages 273-286, November. [Downloadable!] (restricted)
  31. Svensson, Lars-Gunnar, 1988. " Fair Wages When Individual Choice Sets Are Incomplete--An Application of a Model with Indivisibilities," Scandinavian Journal of Economics, Blackwell Publishing, vol. 90(4), pages 563-73.
  32. Mamoru Kaneko, 1980. "Housing Market with Indivisibility," Cowles Foundation Discussion Papers 571, Cowles Foundation, Yale University. [Downloadable!]
  33. María del Carmen Marco Gil, 1993. "A Characterization Of The Extended Claim-Egalitarian Solution," Working Papers. Serie AD 1993-03, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
  34. Carmen Herrero Blanco & José Manuel Gutiérrez Díez, 1990. "Lagrangean Conditions For General Optimization Problems With Applications To Consumer Theory," Working Papers. Serie AD 1990-02, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
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Cited by:
(explanations, 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.)

  1. María Dolores Guilló, 1995. "Terms-Of-Trade And The Current Account: A Two-Country/Two-Sector Growth Model," Working Papers. Serie AD 1995-03, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
  2. José Alcalde, 1995. "Exchange-Proofness or Divorce-Proofness? Stability in One-Sided Matching Markets," Working Papers. Serie AD 1995-04, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
    Other versions:
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