Affiliation:
1. Economics Department, University of Bergen, Norway
Abstract
Considered here is direct exchange of production allowances or input factors. Motivated by practical modeling and compution, we suppose every owner or user of such items has a linear technology. The issue is whether competitive market equilibrium can be reached merely via iterated bilateral barters. This paper provides positive and constructive answers.
Publisher
World Scientific Pub Co Pte Ltd
Subject
Statistics, Probability and Uncertainty,Business and International Management,General Computer Science
Cited by
5 articles.
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