Abstracts

Mathematics

Search abstracts:

General equilibrium and the theory of directed graphs

Article Abstract:

New results from the classical Arrow-Debreu theorem for a general equilibrium if the required assumption of positive endowments of all commodities by all consumers is eased off for a type of economic models where utility functions and manufacturing probability sets are restricted to certain forms are discussed. A direct graph that relates the origin of goods and profits to the consumers is drawn for every model, and it is confirmed that the existence of a competitive equilibrium is akin to the strong connectedness of the graph.

Econometrics & Model Building, Econometrics, Equilibrium (Economics), Business models

---

A general existence result for the principal-agent problem with adverse selection

Article Abstract:

Research is presented describing the study of adverse selection criteria and the development of an incentive compatible model.

Methods, Economic methods

---

A general Lagrangian approach for non-concave moral hazard problems

Article Abstract:

Research is presented describing the study of moral hazard situations to determine the best Lagrangian approach.

Lagrange equations

Similar abstracts:

• Abstracts: Self-fulfilling equilibria: an existence theorem for a general state space
• Abstracts: Rational expectations equilibria and the ex-post core of an economy with asymmetric information. Edgeworth's conjecture in atomless economies with a non-separable commodity space
• Abstracts: Irreducible economies and strongly connected graphs. Intertemporal price-quality discrimination and the Coase conjecture
• Abstracts: Nash equilibria in a model of multiproduct price competition: an assignment problem. Equilibrium selection in games: the mollifier method
• Abstracts: Fully modified least squares and vector autoregression. An asymptotic theory of Bayesian inference for time series

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.