Utility-refined and budget-refined ɛ-competitive equilibria

C-Tier
Journal: Economics Letters
Year: 2022
Volume: 212
Issue: C

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

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

Abstract

In finitely additive exchange economies the usual definition of competitive equilibrium can result in an empty equilibrium set, and therefore one has to consider notions of ɛ-competitive equilibria. In this paper we investigate the relationship between two notions of ɛ-competitive equilibria.

Technical Details

RePEc Handle
repec:eee:ecolet:v:212:y:2022:i:c:s0165176522000052
Journal Field
General
Author Count
1
Added to Database
2026-01-29