Rationed and Walrasian markets for the same good: a rational expectations determination of the relative prices

DOI10.1016/0165-1765(87)90217-5zbMath1328.91108OpenAlexW1555718988MaRDI QIDQ900031

Barbara Goody Katz, Joel Owen

Publication date: 1 January 2016

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1765(87)90217-5

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42)

Cites Work

• The influence of black markets on a queue-rationed centrally planned economy

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