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An Axiomatic Characterization of the Price Mechanism

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  • Sonnenschein, Hugo

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  • Sonnenschein, Hugo, 1974. "An Axiomatic Characterization of the Price Mechanism," Econometrica, Econometric Society, vol. 42(3), pages 425-433, May.
  • Handle: RePEc:ecm:emetrp:v:42:y:1974:i:3:p:425-33
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    Citations

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    Cited by:

    1. Kenneth R. Mount & Stanley Reiter, 1996. "A lower bound on computational complexity given by revelation mechanisms (*)," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 7(2), pages 237-266.
    2. Ken Urai & Hiromi Murakami, 2015. "An Axiomatic Characterization of the Price-Money Message Mechanism," Discussion Papers in Economics and Business 15-31-Rev., Osaka University, Graduate School of Economics, revised Mar 2016.
    3. Ken Urai & Hiromi Murakami, 2015. "An Axiomatic Characterization of the Price-Money Message Mechanism," Discussion Papers in Economics and Business 15-31, Osaka University, Graduate School of Economics.
    4. Ken Urai & Hiromi Murakami, 2016. "Local Independence, Monotonicity and Axiomatic Characterization of Price-Money Message Mechanism," Discussion Papers in Economics and Business 16-08, Osaka University, Graduate School of Economics.
    5. Peter J. Hammond, 2003. "Equal rights to trade and mediate," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 21(2), pages 181-193, October.
    6. Kohzo Shiraishi & Ken Urai & Hiromi Murakami, 2017. "Stability and Universal Implementability of the Price Mechanism," Discussion Papers in Economics and Business 17-09, Osaka University, Graduate School of Economics.
    7. Ken Urai & Hiromi Murakami, 2014. "Replica Core Equivalence Theorem: An Extension of the Debreu-Scarf Limit Theorem to Double Infinity Monetary Economies," Discussion Papers in Economics and Business 14-35-Rev.2, Osaka University, Graduate School of Economics, revised May 2015.
    8. Kohzo Shiraishi & Ken Urai & Hiromi Murakami, 2018. "Stability and Universal Implementability of the Price Mechanism," Discussion Papers in Economics and Business 18-16, Osaka University, Graduate School of Economics.
    9. Hiromi Murakami & Ken Urai, 2017. "Replica core limit theorem for economies with satiation," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(2), pages 259-270, October.
    10. Ken Urai & Hiromi Murakami, 2014. "Replica Core Equivalence Theorem: An Extension of Debreu-Scarf Limit Theorem to Double Infinity Monetary Economies," Discussion Papers in Economics and Business 14-35, Osaka University, Graduate School of Economics.
    11. Manjunath, Vikram, 2016. "Fractional matching markets," Games and Economic Behavior, Elsevier, vol. 100(C), pages 321-336.
    12. Ken Urai & Hiromi Murakami, 2017. "Local Independence, Monotonicity, Incentive Compatibility and Axiomatic Characterization of Price-Money Message Mechanism," Discussion Papers in Economics and Business 17-08, Osaka University, Graduate School of Economics.
    13. Urai, Ken & Murakami, Hiromi, 2016. "Replica core equivalence theorem: An extension of the Debreu–Scarf limit theorem to double infinity monetary economies," Journal of Mathematical Economics, Elsevier, vol. 66(C), pages 83-88.
    14. Kohzo Shiraishi & Ken Urai & Hiromi Murakami, 2016. "Universality and Efficiency of Price Mechanism based on an Expansion Possibility of Economies," Discussion Papers in Economics and Business 16-10, Osaka University, Graduate School of Economics.

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