Competitive finite value prices: A complete characterization

DOI10.1007/BF01283153MaRDI QIDQ3347579zbMATH OpenOpenAlexFDO

Authors Gunter Stephan

Publication date 1985

Published in Zeitschrift für Nationalökonomie (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/bf01283153

zbMATH Keywords

decentralized systemsefficient allocationsprice-mechanism

Mathematics Subject Classification ID

General equilibrium theory (91B50)

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Cites work

• scientific article; zbMATH DE number 3788330 (Why is no real title available?)
• A Generalized Value Maximization Condition for Growth Paths with Finite Total Consumption Possibilities
• A neo-Austrian two-period multisector model of capital
• A note on value maximization for consumption sets in ^ 1
• Capital Accumulation and Efficient Allocation of Resources
• Efficiency Prices in Infinite Dimensional Spaces: A Synthesis
• Efficiency, Weak Value Maximality and Weak Value Optimality in a Multisector Model
• Efficient Programmes for Polyhedral Technologies are Competitive
• Finitely Additive Measures
• On efficiency and Pareto optimality of competitive programs in closed multisector models
• On the Efficiency of Competitive Programmes in an Infinite-Horizon Model
• On the Value Maximizing Property of Infinite Horizon Efficient Programs
• Pareto optimality and competitive equilibrium in infinite horizon economies
• Present Values Playing the Role of Efficiency Prices in the One-Good Growth Model

Cited in

(7)

• On characterizing optimality of stochastic competitive processes
• On competitive price systems associated with efficient growth paths
• Finite purchasing power and computations of Bertrand-Nash equilibrium prices
• Characterization of intertemporal optimality in terms of decentralizable conditions: The discounted case
• Optimal intertemporal allocation mechanisms and decentralization of decisions
• On characterizing optimal competitive programs in terms of decentralizable conditions
• Decentralizability of efficient allocations with heterogeneous forecasts

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