What is it about?

We study possible trade patterns in a market that deviate significantely from those assumed by standard theory

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Why is it important?

I do not know of any convincing theory of why we should concentrate on equilibrium.

Perspectives

We hope that our paper opens the box for the study of how trade is made outside equilibrium.

Luis Corchon
Universidad Carlos III de Madrid

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This page is a summary of: Disequilibrium Trade in a Large Market for an Indivisible Good, The B E Journal of Theoretical Economics, March 2020, De Gruyter,
DOI: 10.1515/bejte-2018-0194.
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