Implementation of the Walrasian Correspondence by Market Games

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Implementation of the Walrasian Correspondence by Market Games

Author(s): Corchón, Luis C.; Beviá, Carmen; Wilkie, Simon
Publisher: Springer
Issued date: 2003-02
Citation: Review of Economic Design. 2003, vol. 7, nº 4, p. 429-442
ISSN: 1434-4750
DOI: 10.1007/s100580300088
Review: PeerReviewed
Publisher version: http://www.springerlink.com/content/y6a4vft38kuu6gu7/fulltext.pdf
http://dx.doi.org/10.1007/s100580300088
URI: http://hdl.handle.net/10016/3799

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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