On the convergence to Walrasian prices in random matching Edgeworthian economies
We show that for a specific class of random matching Edgeworthian economies, the expectation of the limiting equilibrium price coincides with the equilibrium price of the related Walrasian economies. This result extends to the study of economies in the presence of uncertainty within the multi-period...
Main Author: | |
---|---|
Other Authors: | , , , |
Format: | article |
Language: | eng |
Published: |
2012
|
Subjects: | |
Online Access: | https://repositorio-aberto.up.pt/handle/10216/100080 |
Country: | Portugal |
Oai: | oai:repositorio-aberto.up.pt:10216/100080 |