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Underemployment of Resources and Self-Confirming Beliefs

Author

Listed:
  • Hervé Crès

    (GREGH - Groupement de Recherche et d'Etudes en Gestion à HEC - HEC Paris - Ecole des Hautes Etudes Commerciales - CNRS - Centre National de la Recherche Scientifique)

  • Alessandro Citanna

    (GREGH - Groupement de Recherche et d'Etudes en Gestion à HEC - HEC Paris - Ecole des Hautes Etudes Commerciales - CNRS - Centre National de la Recherche Scientifique)

  • Antonio Villanacci

Abstract

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Suggested Citation

  • Hervé Crès & Alessandro Citanna & Antonio Villanacci, 1995. "Underemployment of Resources and Self-Confirming Beliefs," Working Papers hal-00607601, HAL.
    • Handle: RePEc:hal:wpaper:hal-00607601
    as

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    References listed on IDEAS

    as
    1. Fudenberg, Drew & Levine, David K, 1993. "Self-Confirming Equilibrium," Econometrica, Econometric Society, vol. 61(3), pages 523-545, May.
    2. Balasko, Yves & Royer, Daniel, 1985. " Effective Demand Failures Revisited," Scandinavian Journal of Economics, Wiley Blackwell, vol. 87(3), pages 521-536.
    3. Frank Hahn, 1978. "On Non-Walrasian Equilibria," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 45(1), pages 1-17.
    4. Smale, S., 1974. "Global analysis and economics IIA : Extension of a theorem of Debreu," Journal of Mathematical Economics, Elsevier, vol. 1(1), pages 1-14, March.
    5. Oliver Hart, 1982. "A Model of Imperfect Competition with Keynesian Features," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 97(1), pages 109-138.
    6. Diamond, Peter A, 1982. "Aggregate Demand Management in Search Equilibrium," Journal of Political Economy, University of Chicago Press, vol. 90(5), pages 881-894, October.
    7. Laroque, Guy & Polemarchakis, Heraklis, 1978. "On the structure of the set of fixed price equilibria," Journal of Mathematical Economics, Elsevier, vol. 5(1), pages 53-69, March.
    8. Y. Younes, 1975. "On the Role of Money in the Process of Exchange and the Existence of a Non-Walrasian Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 42(4), pages 489-501.
    9. Silvestre, Joaquin, 1980. "Continua of Hahn-unsatisfactory equilibria : Some examples," Economics Letters, Elsevier, vol. 5(3), pages 201-208.
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    Cited by:

    1. Citanna, Alessandro & Cres, Herve & Dreze, Jacques & Herings, P. Jean-Jacques & Villanacci, Antonio, 2001. "Continua of underemployment equilibria reflecting coordination failures, also at Walrasian prices," Journal of Mathematical Economics, Elsevier, vol. 36(3), pages 169-200, December.
    2. Sander van der Hoog, 2004. "Credit and Cash-in-Advance in Disequilibrium Models," Computing in Economics and Finance 2004 294, Society for Computational Economics.
    3. Dreze, Jacques H., 1997. "Walras--Keynes equilibria coordination and macroeconomics," European Economic Review, Elsevier, vol. 41(9), pages 1735-1762, December.
    4. Herings, P.J.J. & Dreze, J., 1998. "Continua of Underemployment Equilibria," Other publications TiSEM c82ec7ae-6be6-43a7-aa39-c, Tilburg University, School of Economics and Management.

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