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A note on global instability of competitive equilibrium

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  • David Gale

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Suggested Citation

  • David Gale, 1963. "A note on global instability of competitive equilibrium," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 10(1), pages 81-87, March.
  • Handle: RePEc:wly:navlog:v:10:y:1963:i:1:p:81-87
    DOI: 10.1002/nav.3800100107
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    Citations

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    Cited by:

    1. Victor Ginsburgh & Jean Waelbroeck, 1983. "Generalized Tâtonnement and the Solution of Economic Models," The Economic Record, The Economic Society of Australia, vol. 59(2), pages 111-117, June.
    2. Martin Bichler & Johannes Knörr & Felipe Maldonado, 2023. "Pricing in Nonconvex Markets: How to Price Electricity in the Presence of Demand Response," Information Systems Research, INFORMS, vol. 34(2), pages 652-675, June.
    3. D. Wade Hands, 2012. "The Rise and Fall of Walrasian Microeconomics: The Keynesian Effect," Chapters, in: Microfoundations Reconsidered, chapter 3, Edward Elgar Publishing.
    4. Emiko Fukuda & Shuhei Sato & Junyi Shen & Ken-Ichi Shimomura & Takehiko Yamato, 2020. "Walrasian Dynamics with Endowment Changes: The Gale Example in a Laboratory Market Experiment," Discussion Paper Series DP2020-20, Research Institute for Economics & Business Administration, Kobe University, revised Apr 2021.
    5. Ken-Ichi Shimomura & Takehiko Yamato, 2011. "Impact of Ethnicities on Market Outcome: Results of Market Experiments in Kenya," Discussion Paper Series DP2011-10, Research Institute for Economics & Business Administration, Kobe University.
    6. Junyi Shen & Ken-Ichi Shimomura & Takehiko Yamato & Tokinao Ohtaka & Kiyotaka Takahashi, 2015. "Revisiting Marshallian versus Walrasian Stability in an Experimental Market," Discussion Paper Series DP2015-30, Research Institute for Economics & Business Administration, Kobe University, revised May 2016.
    7. Sobel, Joel, 2009. "ReGale: Some memorable results," Games and Economic Behavior, Elsevier, vol. 66(2), pages 632-642, July.
    8. Ajit Sinha, 2010. "On the Notion of Equilibrium or the Centre of Gravitation in Economic Theory," Microeconomics Working Papers 23025, East Asian Bureau of Economic Research.
    9. Crockett, Sean & Friedman, Daniel & Oprea, Ryan, 2017. "Aggregation and convergence in experimental general equilibrium economies constructed from naturally occurring preferences," Discussion Papers, Research Professorship Market Design: Theory and Pragmatics SP II 2017-501, WZB Berlin Social Science Center.
    10. Simina Br^anzei & Nikhil R. Devanur & Yuval Rabani, 2019. "Proportional Dynamics in Exchange Economies," Papers 1907.05037, arXiv.org, revised Sep 2023.
    11. Rabani, Yuval & Schulman, Leonard J., 2021. "The invisible hand of Laplace: The role of market structure in price convergence and oscillation," Journal of Mathematical Economics, Elsevier, vol. 95(C).

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