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A market with consumers and producers
- Martin J. Osborne(author)
- Ariel Rubinstein(author)
Chapter of: Models in Microeconomic Theory: Expanded Second Edition (She)(pp. 175–186)
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| Title | A market with consumers and producers |
|---|---|
| Contributor | Martin J. Osborne(author) |
| Ariel Rubinstein(author) | |
| DOI | https://doi.org/10.11647/OBP.0361.12 |
| Landing page | https://www.openbookpublishers.com/books/10.11647/obp.0361/chapters/10.11647/obp.0361.12 |
| License | http://creativecommons.org/licenses/by-nc-nd/4.0 |
| Copyright | Martin Osborne; Ariel Rubinstein |
| Publisher | Open Book Publishers |
| Published on | 2023-06-26 |
| Long abstract | This chapter describes two models that extend the model of an exchange economy to economies in which goods are produced. We do not analyze the models in detail, but only prove, for each model, one result regarding the Pareto stability of the equilibrium outcome. |
| Page range | pp. 175–186 |
| Print length | 11 pages |
| Language | English (Original) |
| Landing Page | Full text URL | Platform | |||
|---|---|---|---|---|---|
| https://books.openbookpublishers.com/10.11647/obp.0361.12.pdf | Landing page | https://books.openbookpublishers.com/10.11647/obp.0361.12.pdf | Full text URL | Publisher Website |
Contributors
Martin J. Osborne
(author)Professor Emeritus of Economics at University of Toronto
Ariel Rubinstein
(author)Emeritus in School of Economics at Tel Aviv University
Professor of Economics at New York University