On the informational efficiency of the competitive resource allocation process

DOI10.1016/0022-0531(83)90020-0zbMath0523.90028OpenAlexW2093969336MaRDI QIDQ1056662

Parkash Chander

Publication date: 1983

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(83)90020-0

zbMATH Keywords

informational efficiencycompetitive processcompetitive resource allocation processminimiality of message spaceparametric process

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items

An infinite dimensional extension of the theory of decentralized mechanisms

Cites Work

• The competitive allocation process is informationally efficient uniquely
• Decentralized resource allocation and increasing returns
• On the informational size of message spaces for resource allocation processes
• Expectations equilibrium and informational efficiency for stochastic environments
• On the Stability of the Competitive Equilibrium, I
• On the Informational Size of Message Spaces for Efficient Resource Allocation Processes
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