Stochastic decentralization of competitive allocations

DOI10.1016/0165-1765(86)90214-4MaRDI QIDQ899870zbMATH OpenOpenAlexFDO

Authors Dale O. Stahl

Publication date 1 January 2016

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0165-1765(86)90214-4

Mathematics Subject Classification ID

Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Microeconomic theory (price theory and economic markets) (91B24) General equilibrium theory (91B50)

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Cites work

• scientific article; zbMATH DE number 3638844 (Why is no real title available?)
• scientific article; zbMATH DE number 3307201 (Why is no real title available?)
• Decentralization and Epsilon-Rational Competitive Equilibria
• Temporary General Equilibrium in a Sequential Trading Model with Spot and Futures Transactions

Cited in

(6)

• Transformations of the commodity space, behavioral heterogeneity, and the aggregation problem
• A stochastic equilibrium model of internet pricing
• Centralized allocation in multiple markets
• A necessary condition for decentralization and an application to intertemporal allocation
• The individualistic foundation of equilibrium distribution
• Analysis of a class of decentralized dynamical systems: rapid convergence and efficiency of dynamical quantized auctions

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