IDEAS home Printed from https://ideas.repec.org/a/bla/rdevec/v6y2002i3p415-427.html
   My bibliography  Save this article

Walrasian Equilibrium Computation, Network Formation, and the Wen Theorem

Author

Listed:
  • Shuntian Yao

Abstract

The paper studies the Walrasian equilibrium theory of division of labor for large economies with weakly convex production techniques and with the presence of transaction costs. Earlier results published by Wen are revised and generalized so that the new versions can be applied to a much larger category of economic models. A simple example demonstrates how the theoretical results can be used for Walrasian equilibrium computation and equilibrium network structure identification.

Suggested Citation

  • Shuntian Yao, 2002. "Walrasian Equilibrium Computation, Network Formation, and the Wen Theorem," Review of Development Economics, Wiley Blackwell, vol. 6(3), pages 415-427, October.
    • Handle: RePEc:bla:rdevec:v:6:y:2002:i:3:p:415-427
    DOI: 10.1111/1467-9361.00164
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/1467-9361.00164
    Download Restriction: no
    File URL: https://libkey.io/10.1111/1467-9361.00164?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Diamantaras, Dimitrios & Gilles, Robert P., 2004. "On the microeconomics of specialization," Journal of Economic Behavior & Organization, Elsevier, vol. 55(2), pages 223-236, October.
    2. Cheng, Wenli & Yang, Xiaokai, 2004. "Inframarginal analysis of division of labor: A survey," Journal of Economic Behavior & Organization, Elsevier, vol. 55(2), pages 137-174, October.
    3. Robert P. Gilles, 2018. "The Core of an Economy with an Endogenous Social Division of Labour," Papers 1809.01470, arXiv.org.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:rdevec:v:6:y:2002:i:3:p:415-427. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=1363-6669 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.