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Automobile prices in market equilibrium
 Econometrica
, 1995
"... Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at ..."
Abstract

Cited by 524 (21 self)
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Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at
A Simple Model of Capital Market Equilibrium with Incomplete Information
 JOURNAL OF FINANCE
, 1987
"... The sphere of modern financial economics encompases finance, micro investment theory and much of the economics of uncertainty. As is evident from its influence on other branches of economics including public finance, industrial organization and monetary theory, the boundaries of this sphere are both ..."
Abstract

Cited by 756 (2 self)
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The sphere of modern financial economics encompases finance, micro investment theory and much of the economics of uncertainty. As is evident from its influence on other branches of economics including public finance, industrial organization and monetary theory, the boundaries of this sphere are both permeable and flexible. The complex interactions of time and uncertainty guarantee intellectual challenge and intrinsic excitement to the study of financial economics. Indeed, the mathematics of the subject contain some of the most interesting applications of probability and optimization theory. But for all its mathematical refinement, the research has nevertheless had a direct and significant influence on practice. It was not always thus. Thirty years ago, finance theory was little more than a collection of anecdotes, rules of thumb, and manipulations of accounting data with an almost exclusive focus on corporate financial management. There is no need in this meeting of the guild to recount the subsequent evolution from this conceptual potpourri to a rigorous economic
Auction Algorithms for Market Equilibrium
 STOC 2004
, 2004
"... In this paper we study algorithms for computing market equilibrium in markets with linear utility functions. The buyers in the market have an initial endowment given by a portfolio of items. The market equilibrium problem is to compute a price vector which ensures market clearing, i.e. the demand of ..."
Abstract

Cited by 50 (6 self)
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In this paper we study algorithms for computing market equilibrium in markets with linear utility functions. The buyers in the market have an initial endowment given by a portfolio of items. The market equilibrium problem is to compute a price vector which ensures market clearing, i.e. the demand
The Inefficiency of the Stock Market Equilibrium
 Review of Economic Studies
, 1982
"... This paper establishes that when there is not a complete set of markets but more than one commodity the stock market equilibrium will not in general be a constrained Pareto optimum. The economy will lack both the property of exchange and production efficiency. Necessary conditions which must be sati ..."
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Cited by 56 (0 self)
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This paper establishes that when there is not a complete set of markets but more than one commodity the stock market equilibrium will not in general be a constrained Pareto optimum. The economy will lack both the property of exchange and production efficiency. Necessary conditions which must
Computing the Electricity Market Equilibrium: Uses of market equilibrium models
"... In this paper we consider the formulation and uses of electricity market equilibrium models. ..."
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Cited by 3 (0 self)
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In this paper we consider the formulation and uses of electricity market equilibrium models.
Equilibrium and Sequential Markets Equilibrium Markets:
, 2014
"... Trades with each other simultaneously At the price which clears the market (Equilibrium Price: pi∗) Wellstudied and produces known ML aggregations (arithmetic mean, geometric mean, etc.) But hard to implement Sequential Markets with Market Maker (MM): Trades sequentially with MM MM is similar to a ..."
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Trades with each other simultaneously At the price which clears the market (Equilibrium Price: pi∗) Wellstudied and produces known ML aggregations (arithmetic mean, geometric mean, etc.) But hard to implement Sequential Markets with Market Maker (MM): Trades sequentially with MM MM is similar
Lecture 3: Market Equilibrium
"... or Market Clearance Prices. We study two market equilibrium models, the Fisher setting with linear utilities and the ArrowDebreu model with linear utilities. Then we see an application of the Fisher model to wireless networks. A market consists of a set of sellers who have goods to sell and buyers ..."
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or Market Clearance Prices. We study two market equilibrium models, the Fisher setting with linear utilities and the ArrowDebreu model with linear utilities. Then we see an application of the Fisher model to wireless networks. A market consists of a set of sellers who have goods to sell and buyers
Manipulation of market equilibrium via endowments
, 2008
"... In this paper we show that in an exchange economy with quasilinear preferences it is possible to manipulate market equilibrium by destroying and withholding ones initial endowments. ..."
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In this paper we show that in an exchange economy with quasilinear preferences it is possible to manipulate market equilibrium by destroying and withholding ones initial endowments.
Class Size and Sorting in Market Equilibrium: Theory and Evidence
, 2007
"... Class size and sorting in market equilibrium: theory and evidence ..."
An equilibrium characterization of the term structure.
 J. Financial Econometrics
, 1977
"... The paper derives a general form of the term structure of interest rates. The following assumptions are made: (A.l) The instantaneous (spot) interest rate follows a diffusion process; (A.2) the price of a discount bond depends only on the spot rate over its term; and (A.3) the market is efficient. ..."
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Cited by 1041 (0 self)
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The paper derives a general form of the term structure of interest rates. The following assumptions are made: (A.l) The instantaneous (spot) interest rate follows a diffusion process; (A.2) the price of a discount bond depends only on the spot rate over its term; and (A.3) the market is efficient
Results 1  10
of
9,887