Learning competitive equilibrium

DOI10.1016/J.JMATECO.2006.09.007MaRDI QIDQ924928zbMATH OpenOpenAlexFDO

Authors Sean Crockett, Shyam Sunder, Stephen Spear

Publication date 29 May 2008

Published in Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jmateco.2006.09.007

zbMATH Keywords

general equilibriumlearningscarf's examplestability

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Recommendations

• Learning competitive equilibrium in laboratory exchange economies
• Learning competitive market balance
• Getting to a Competitive Equilibrium
• Reaching Cournot-Walras equilibrium
• Adaptive and sophisticated learning in normal form games

Cites work

• A Stochastic Decentralized Resource Allocation Process: Part I
• Bilateral Trading Processes, Pairwise Optimally, and Pareto Optimality
• Concurrent trading in two experimental markets with demand interdependence
• Edgeworth's Conjecture
• Global analysis and economics. III: Pareto Optima and price equilibria
• Global analysis and economics. VI: Geometric analysis of Pareto optima and price equilibria under classical hypotheses
• Global instability in experimental general equilibrium: the Scarf example
• scientific article; zbMATH DE number 192915 (Why is no real title available?)
• Learning competitive equilibrium in laboratory exchange economies
• Local coordination and market equilibria.
• On the Stability of Competitive Equilibrium and the Patterns of Initial Holdings: An Example
• Some Examples of Global Instability of the Competitive Equilibrium
• The Stability of Edgeworth's Recontracting Process
• Variations on the theme of Scarf's counter-example
• WELFARE ECONOMICS AND EXISTENCE OF AN EQUILIBRIUM FOR A COMPETITIVE ECONOMY

Cited in

(15)

• Global convergence of adaptive learning in models of pure exchange
• Learning competitive market balance
• Stability of competitive equilibrium with respect to recursive and learning processes
• Discrete Walrasian exchange process
• Learning cycles in Bertrand competition with differentiated commodities and competing learning rules
• Autonomous and induced production learning under price and quality competition
• Learning competitive equilibrium in laboratory exchange economies
• Market design and the stability of general equilibrium
• scientific article; zbMATH DE number 1487828 (Why is no real title available?)
• Reaching Cournot-Walras equilibrium
• Learning Your Comparative Advantages
• Getting to a Competitive Equilibrium
• Efficient learning equilibrium
• Q-learning agents in a Cournot oligopoly model
• General equilibrium and the emergence of (non)market clearing trading institutions

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