Implementability, Walrasian equilibria, and efficient matchings

C-Tier
Journal: Economics Letters
Year: 2017
Volume: 153
Issue: C
Pages: 57-60

Authors (2)

Score contribution per author:

0.505 = (α=2.02 / 2 authors) × 0.5x C-tier

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

Abstract

In general screening problems, implementable allocation rules correspond exactly to Walrasian equilibria of an economy in which types are consumers with quasilinear utility and unit demand. Due to the welfare theorems, an allocation rule is implementable if and only if it induces an efficient matching between types and goods.

Technical Details

RePEc Handle
repec:eee:ecolet:v:153:y:2017:i:c:p:57-60
Journal Field
General
Author Count
2
Added to Database
2026-01-25