Classical competitive analysis of economies with Islands

A-Tier
Journal: Journal of Economic Theory
Year: 1992
Volume: 57
Issue: 1
Pages: 73-98

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Arrow-Debreu competitive equilibrium analysis is extended to environments with information sets differing in space as well as in time and with people moving between locations. Equilibrium is shown to exist and to be optimal, and the equilibrium price system is characterized. Such environments include many of those studies in the sectoral reallocation literature.

Technical Details

RePEc Handle
repec:eee:jetheo:v:57:y:1992:i:1:p:73-98
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29