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The transition from a Dreze equilibrium to a Walrasian equilibrium1

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  • Herings, Jean-Jacques
  • van der Laan, Gerard
  • Venniker, Richard

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  • Herings, Jean-Jacques & van der Laan, Gerard & Venniker, Richard, 1998. "The transition from a Dreze equilibrium to a Walrasian equilibrium1," Journal of Mathematical Economics, Elsevier, vol. 29(3), pages 303-330, April.
    • Handle: RePEc:eee:mateco:v:29:y:1998:i:3:p:303-330
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    1. Day, Richard H. & Pianigiani, Giulio, 1991. "Statistical dynamics and economics," Journal of Economic Behavior & Organization, Elsevier, vol. 16(1-2), pages 37-83, July.
    2. van der Laan, Gerard, 1980. "Equilibrium under Rigid Prices with Compensation for the consumers," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 21(1), pages 63-73, February.
    3. Jean-Jacques Herings, P., 1997. "A globally and universally stable price adjustment process," Journal of Mathematical Economics, Elsevier, vol. 27(2), pages 163-193, March.
    4. Doup, T.M. & Talman, A.J.J., 1987. "A new simplicial variable dimension algorithm to find equilibria on the product space of unit simplices," Other publications TiSEM 398740e7-fdc2-41b6-968f-4, Tilburg University, School of Economics and Management.
    5. Smale, Steve, 1976. "A convergent process of price adjustment and global newton methods," Journal of Mathematical Economics, Elsevier, vol. 3(2), pages 107-120, July.
    6. Herings, Jean-Jacques & van der Laan, Gerard & Talman, Dolf & Venniker, Richard, 1997. "Equilibrium adjustment of disequilibrium prices," Journal of Mathematical Economics, Elsevier, vol. 27(1), pages 53-77, February.
    7. Mas-Colell,Andreu, 1990. "The Theory of General Economic Equilibrium," Cambridge Books, Cambridge University Press, number 9780521388702.
    8. Day, Richard H. & Pianigiani, Giulio, 1991. "Statistical Dynamics and Economics," Working Paper Series 293, Research Institute of Industrial Economics.
    9. Van Der Laan, G. & Talman, A. J. J., 1987. "A convergent price adjustment process," Economics Letters, Elsevier, vol. 23(2), pages 119-123.
    10. Gordon, Robert J, 1990. "What Is New-Keynesian Economics?," Journal of Economic Literature, American Economic Association, vol. 28(3), pages 1115-1171, September.
    11. G. Laroque, 1981. "A Comment on "Stable Spillovers among Substitutes"," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 48(2), pages 355-361.
    12. E. C. H. Veendorp, 1975. "Stable Spillovers among Substitutes," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 42(3), pages 445-456.
    13. Movshovich, Solomon M., 1994. "A price adjustment process in a rationed economy," Journal of Mathematical Economics, Elsevier, vol. 23(4), pages 305-321, July.
    14. Kamiya, Kazuya, 1990. "A Globally Stable Price Adjustment Process," Econometrica, Econometric Society, vol. 58(6), pages 1481-1485, November.
    15. Saari, Donald G & Simon, Carl P, 1978. "Effective Price Mechanisms," Econometrica, Econometric Society, vol. 46(5), pages 1097-1125, September.
    16. Herings, P.J.J., 1994. "A globally and universally stable quantity adjustment process for an exchange economy with price rigidities," Discussion Paper 1994-111, Tilburg University, Center for Economic Research.
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    1. Herings, P. Jean-Jacques & van den Elzen, Antoon, 2002. "Computation of the Nash Equilibrium Selected by the Tracing Procedure in N-Person Games," Games and Economic Behavior, Elsevier, vol. 38(1), pages 89-117, January.
    2. Herings, P.J.J. & van der Laan, G. & Talman, A.J.J., 1998. "Price-Quantity Adjustment in a Keynesian Economy," Discussion Paper 1998-118, Tilburg University, Center for Economic Research.
    3. Jean-Jacques Herings, P., 2002. "Universally converging adjustment processes--a unifying approach," Journal of Mathematical Economics, Elsevier, vol. 38(3), pages 341-370, November.
    4. Sander van der Hoog, 2004. "Credit and Cash-in-Advance in Disequilibrium Models," Computing in Economics and Finance 2004 294, Society for Computational Economics.
    5. Boone, C.A.J.J. & Roijakkers, A.H.W.M. & van Olffen, W., 2002. "Locus of control and study program choice: evidence of personality sorting in educational choice," Research Memorandum 006, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    6. Herings,P. Jean-Jacques, 2000. "Universally Stable Adjustment Processes - A Unifying Approach -," Research Memorandum 006, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).

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