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Global Instability in Experimental General Equilibrium: The Scarf Example

  • Anderson, Christopher M.
  • Granat, Sander
  • Plott, Charles R.
  • Shimomura, Ken-Ichi

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Paper provided by California Institute of Technology, Division of the Humanities and Social Sciences in its series Working Papers with number 1086.

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Date of creation: Mar 2000
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Publication status: Published:
Handle: RePEc:clt:sswopa:1086
Contact details of provider: Postal: Working Paper Assistant, Division of the Humanities and Social Sciences, 228-77, Caltech, Pasadena CA 91125
Phone: 626 395-4065
Fax: 626 405-9841
Web page: http://www.hss.caltech.edu/ss
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Order Information: Postal: Working Paper Assistant, Division of the Humanities and Social Sciences, 228-77, Caltech, Pasadena CA 91125
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  1. Hirota, Masayoshi, 1981. "On the Stability of Competitive Equilibrium and the Patterns of Initial Holdings: An Example," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 22(2), pages 461-67, June.
  2. Noussair, Charles N & Plott, Charles R & Riezman, Raymond G, 1995. "An Experimental Investigation of the Patterns of International Trade," American Economic Review, American Economic Association, vol. 85(3), pages 462-91, June.
  3. Vernon L. Smith, 1965. "Experimental Auction Markets and the Walrasian Hypothesis," Journal of Political Economy, University of Chicago Press, vol. 73, pages 387.
  4. Mikhail & Plott, Charles R., 1995. "Exchange Economies and Loss Exposure: Experiments Exploring Prospect Theory and Competitive Equilibria in Market Environments," Working Papers 909, California Institute of Technology, Division of the Humanities and Social Sciences.
  5. Plott, Charles R. & George, Glen., . "Marshallian VS. Walrasian Stability in an Experimental Market," Working Papers 683, California Institute of Technology, Division of the Humanities and Social Sciences.
  6. Plott, Charles R. & Smith, Jared, 1992. "Instability of Equilibria in Experimental Markets: Upward-Sloping Demands, Externalities, and Fad-Like Incentives," Working Papers 816, California Institute of Technology, Division of the Humanities and Social Sciences.
  7. Johnson, Michael D. & Plott, Charles R., 1989. "The effect of two trading institutions on price expectations and the stability of supply-response lag markets," Journal of Economic Psychology, Elsevier, vol. 10(2), pages 189-216, June.
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