Intertemporal competitive equilibrium: a computational model of intermediacy in speculative markets

González Gutiérrez, José Javier (2015) Intertemporal competitive equilibrium: a computational model of intermediacy in speculative markets. Doctorado thesis, Universidad Autónoma de Nuevo León.

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Resumen

How are prices set in a market economy with decentralized information? How are we able to extract full gains from trade in a competitive market without centrally coordinated price formation and resource allocation? In 1962, separate research efforts proved that neither rationality nor complete information are necessary market conditions to reach competitive equilibrium1 . Behavioral extensions to this framework have shown significant progress towards a coherent model of competitive price formation under varying conditions of decentralized trade and individual rationality. Unfortunately, economics continues to lack a generally valid model of decentralized price formation

Tipo de elemento: Tesis (Doctorado)
Información adicional: Doctorado en Economía
Divisiones: Economía
Usuario depositante: Editor Repositorio
Creadores:
CreadorEmailORCID
González Gutiérrez, José JavierNO ESPECIFICADONO ESPECIFICADO
Fecha del depósito: 27 Jul 2016 20:45
Última modificación: 03 Dic 2019 18:59
URI: http://eprints.uanl.mx/id/eprint/10990

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