Gross substitutes and complements: A simple generalization

C-Tier
Journal: Economics Letters
Year: 2014
Volume: 123
Issue: 2
Pages: 135-138

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

We extend the gross substitutes and complements framework (Sun and Yang, 2006). Competitive equilibrium with indivisible goods exists under significantly weaker, intuitive and interpretable conditions. A generalized dynamic double-track procedure (Sun and Yang, 2008, 2009) finds the competitive equilibrium outcome.

Technical Details

RePEc Handle
repec:eee:ecolet:v:123:y:2014:i:2:p:135-138
Journal Field
General
Author Count
1
Added to Database
2026-01-29