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) | ||||||
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Información adicional: | Doctorado en Economía | ||||||
Divisiones: | Economía | ||||||
Usuario depositante: | Editor Repositorio | ||||||
Creadores: |
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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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