The unique informational efficiency of the competitive mechanism in economies with production

Author:

Tian Guoqiang

Publisher

Springer Science and Business Media LLC

Subject

Economics and Econometrics,Social Sciences (miscellaneous)

Reference39 articles.

1. Calsamiglia X (1977) Decentralized resource allocation and increasing returns. J Econ Theory 14:263–283

2. Calsamiglia X, Kirman A (1993) A unique informationally efficient and decentralized mechanism with fair outcomes. Econometrica 61:1146–1172

3. Debreu G (1959) Theory of value. Wiley, New York. 1995

4. Greenberg M (1967) Lectures on algebraic topology. Benjamin, New York

5. Hurwicz L (1960) Optimality and informational efficiency in resource allocation processes. In: Arrow KJ, Karlin S, Suppes P (eds) Mathematical methods in the social sciences. Stanford University Press

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