Continuous adjustments and Smale's non-tâtonnement processes

DOI10.1016/J.JMATECO.2021.102619MaRDI QIDQ2138366zbMATH OpenOpenAlexFDO

Authors Chaowen Yu, Yuhki Hosoya

Publication date 11 May 2022

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

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1016/j.jmateco.2021.102619

zbMATH Keywords

stabilityequilibriumcontinuous adjustmentresponsiveness to transaction costsnon-tâtonnement process

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) General equilibrium theory (91B50)

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Cites work

• scientific article; zbMATH DE number 3148016 (Why is no real title available?)
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• scientific article; zbMATH DE number 3562121 (Why is no real title available?)
• scientific article; zbMATH DE number 3204015 (Why is no real title available?)
• A Theorem on Non-Tatonnement Stability
• Accessibility of Pareto optima by Walrasian exchange processes
• An equivalence theorem for a bargaining set
• Connectedness of the Set of Stable Equilibria
• Convex Analysis
• Core tâtonnement
• Excess demand functions
• Exchange processes with price adjustment
• Infinite dimensional analysis. A hitchhiker's guide.
• Markets with a Continuum of Traders
• Microeconomic theory
• On the Stability of Edgeworth's Barter Process
• On the Stability of the Competitive Equilibrium, II
• Smooth Preferences
• The Demand Theory of the Weak Axiom of Revealed Preference

Cited in

(5)

• On the instability of the Edgeworth process
• Universally converging adjustment processes -- a unifying approach.
• Walrasian and Marshallian stability
• A note on ``Stability of tâtonnement processes of short period equilibria with rational expectations
• Accessibility of Pareto optima

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