Walrasian equilibrium in matching models

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dc.contributor.author Wooders, J
dc.date.accessioned 2012-02-02T04:01:44Z
dc.date.issued 1998-05-01
dc.identifier.citation Mathematical social sciences, 1998, 35 (3), pp. 245 - 259
dc.identifier.issn 0165-4896
dc.identifier.other C1UNSUBMIT en_US
dc.identifier.uri http://hdl.handle.net/10453/14478
dc.description.abstract We analyze trading in a model in which the agents and their preferences are the same as in the main models of matching and bargaining, but in which trade is centralized rather than decentralized. We characterize equilibrium when trade is centralized and, by comparing our results with results from the matching literature, we show conditions under which decentralized trading processes reproduce the allocations of our centralized one. We establish that the competitive price as defined in the matching literature (i.e., relative to the stocks, flows, or totals) coincides, in the appropriate setting, with the equilibrium price in our model.
dc.language eng
dc.title Walrasian equilibrium in matching models
dc.type Journal Article
dc.description.version Published
dc.parent Mathematical social sciences
dc.journal.volume 3
dc.journal.volume 35
dc.journal.number 3 en_US
dc.publocation Amsterdam en_US
dc.identifier.startpage 245 en_US
dc.identifier.endpage 259 en_US
dc.cauo.name BUS.Centre for the Study of Choice en_US
dc.conference Verified OK en_US
dc.for 0199 Other Mathematical Sciences
dc.personcode 112051
dc.percentage 100 en_US
dc.classification.name Other Mathematical Sciences en_US
dc.classification.type FOR-08 en_US
dc.edition en_US
dc.custom en_US
dc.date.activity en_US
dc.location.activity en_US
dc.description.keywords Bargaining
dc.description.keywords C78
dc.description.keywords D50
dc.description.keywords Matching
dc.description.keywords Walrasian equilibrium
pubs.embargo.period Not known
pubs.organisational-group /University of Technology Sydney
pubs.organisational-group /University of Technology Sydney/Faculty of Business
pubs.organisational-group /University of Technology Sydney/Faculty of Business/Economics
pubs.organisational-group /University of Technology Sydney/Strength - Study of Choice
utslib.copyright.status Closed Access
utslib.copyright.date 2015-04-15 12:17:09.805752+10
pubs.consider-herdc false
utslib.collection.history Closed (ID: 3)
utslib.collection.history Economics (ID: 372)

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