首页    期刊浏览 2024年10月06日 星期日
登录注册

文章基本信息

  • 标题:Taste Asymmetries and Trade Patterns
  • 本地全文:下载
  • 作者:David A. Hennessy ; Harvey E. Lapan
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2003
  • 卷号:4
  • 出版社:Economics Bulletin
  • 摘要:We study trade patterns in a pure exchange economy where preferences are symmetric up to taste intensity parameters. In a 2-person, 2-good endowment economy, then all endowments in a particular Edgeworth box rectangle require trading out of that rectangle. Under strictly quasi-concave preferences, trade will occur away from a larger area of initial endowments. The identified area is larger still when preferences are homothetic and identical up to taste intensity parameters. Implications for the factor price equalization theorem are explored.
  • 关键词:general equilibrium
国家哲学社会科学文献中心版权所有