Money, barter, and convergence to the competitive allocation: Menger's problem

DOI10.1016/0022-0531(84)90050-4MaRDI QIDQ792866zbMATH OpenOpenAlexFDO

Authors John C. Eckalbar

Publication date 1984

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0022-0531(84)90050-4

zbMATH Keywords

convergencebilateral exchange economycompetitive allocationcorner solutionsMenger's Problemmoney, Barter

Mathematics Subject Classification ID

General equilibrium theory (91B50)

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• A Walrasian Theory of Money and Barter
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Cites work

• scientific article; zbMATH DE number 3487161 (Why is no real title available?)
• A Theorem on Non-Tatonnement Stability
• Bilateral Trading Processes, Pairwise Optimally, and Pareto Optimality
• Commodity Exchanges as Gradient Processes
• Exchange processes with price adjustment
• Money-mediated disequilibrium processes in a pure exchange economy
• On the Stability of Edgeworth's Barter Process
• On the Stability of a Pure Exchange Equiliblium
• Pairwise, t-Wise, and Pareto Optimalities
• Stable quantities in fixed price disequilibrium
• The Structure of Exchange in Barter and Monetary Economies

Cited in

(2)

• Trade with assignats or landbank money: Equilibria in a finite-person strategic market game
• The effect of barter on the demand for money: An empirical analysis

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