Constrained suboptimality when prices are non-competitive

DOI10.1016/J.JMATECO.2008.05.004zbMATH Open1153.91641OpenAlexW3124343255MaRDI QIDQ999733FDOQ999733

J. Martínez

Publication date: 10 February 2009

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

Full work available at URL: https://cris.maastrichtuniversity.nl/en/publications/a72a7151-015b-49a6-86ae-9999aa518328

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zbMATH Keywords

welfarePareto improvementnon-competitive prices

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Special types of economic equilibria (91B52)

Cites Work

• Pareto improving financial innovation in incomplete markets
• Existence of an Exchange Equilibrium under Price Rigidities
• Fixprice analysis in exchange economies
• Constrained suboptimality in incomplete markets: A general approach and two applications
• Continua of underemployment equilibria reflecting coordination failures, also at Walrasian prices
• Pareto improving price regulation when the asset market is incomplete
• Title not available (Why is that?)
• Neo-Keynesian Disequilibrium Theory in a Monetary Economy
• The Fixed Price Equilibria: Some Results in Local Comparative Statics
• Title not available (Why is that?)
• Title not available (Why is that?)
• Values of Markets with Satiation or Fixed Prices
• Two examples of equilibria under price rigidities and quantity rationing
• On the efficiency of fixed price equilibrium
• On the Role of Money in the Process of Exchange and the Existence of a Non- Walrasian Equilibrium
• Optimality properties of rationing schemes
• Endogenously determined price rigidities

Cited In (3)

• How to efficiently allocate houses under price controls?
• Price controls, non-price quality competition, and the nonexistence of competitive equilibrium
• Equilibrium and matching under price controls

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