期刊名称:Discussion Papers in Economics / Department of Economics, University of York
出版年度:2018
卷号:2018
出版社:University of York
摘要:We reexamine the well-known assignment market model in a more general and more practical environment where agents may be financially con- strained. These constraints will be shown to have an important impact on the set of Walrasian equilibria. We prove that a price adjustment process will ei- ther find a unique minimal Walrasian equilibrium price vector, or exclusively validate the nonexistence of equilibrium.