On the local convergence of economic mechanisms
From MaRDI portal
Publication:1083009
DOI10.1016/0022-0531(86)90013-XzbMath0603.90026OpenAlexW2046014117MaRDI QIDQ1083009
Steven R. Williams, Donald G. Saari
Publication date: 1986
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0022-0531(86)90013-x
Related Items
The aggregated excess demand function and other aggregation procedures ⋮ Some informational requirements for convergence ⋮ From decision problems to dethroned dictators ⋮ Decentralized dynamic processes for finding equilibrium ⋮ On the existence of universally convergent mechanisms ⋮ A continuity property for local price adjustment mechanisms
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Necessary and sufficient conditions for the existence of a locally stable message process
- A method for constructing message systems for smooth performance functions
- Implementing a generic smooth function
- Approximation in a continuous model of computing
- Excess demand functions
- Some Examples of Global Instability of the Competitive Equilibrium
- Iterative Price Mechanisms
- Differential Topology
- Effective Price Mechanisms
- Market Excess Demand Functions