What is it about?
We study possible trade patterns in a market that deviate significantely from those assumed by standard theory
Featured Image
Photo by Dan Burton on Unsplash
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
Read the Original
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.
You can read the full text:
Contributors
The following have contributed to this page