Approximately competitive equilibria in large finite economies
成果类型：
Article
署名作者：
Jackson, MO; Manelli, AM
署名单位：
California Institute of Technology; Arizona State University; Arizona State University-Tempe
刊物名称：
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN：
0022-0531
DOI：
10.1006/jeth.1997.2327
发表日期：
1997
页码：
354-376
关键词：
摘要：
We consider exchange economies where each consumer may report or act according to any demand function provided that there exist situations that the consumer finds plausible in which the reported demand performs at least as well as the true demand. We identify conditions under which, as the size of the economy increases, all the market-clearing prices and allocations of the reported economy approximate the competitive equilibria of the true economy. (C) 1997 Academic Press.