An Axiomatic Characterization of the Price Mechanism

DOI10.2307/1911782zbMATH Open0297.90014OpenAlexW4242943479MaRDI QIDQ4051837

Hugo F. Sonnenschein

Publication date: 1974

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1911782

Mathematics Subject Classification ID

Trade models (91B60) Mathematical economics (91B99)

Related Items (6)

A study of choice correspondences in economies with a variable number of agents ⋮ A lower bound on computational complexity given by revelation mechanisms ⋮ An axiomatic characterization of the price-money message mechanism for economies with satiation ⋮ Replica core equivalence theorem: an extension of the Debreu-Scarf limit theorem to double infinity monetary economies ⋮ Fractional matching markets ⋮ The representation problem and the efficiency of the price mechanism

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