Comparative statics in markets for indivisible goods

Comparative statics in markets for indivisibl ...
Andrew Caplin, Andrew Caplin
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Last edited by MARC Bot
September 25, 2020 | History

Comparative statics in markets for indivisible goods

"We complete the study of comparative statics initiated in Caplin and Leahy [2010], which introduced a new mathematical apparatus for understanding NTU allocation markets, as such covering the housing market and other markets for large indivisible goods. We introduce homotopy methods to characterize how equilibrium changes in response to arbitrary parameter changes. Generically, we show that there can be five and only five qualitatively distinct forms of market transition: Graft; Prune and Plant; Prune and Graft; Cycle and Reverse; and Shift and Replant. Our path-following methods identify new algorithms for computing market equilibria"--National Bureau of Economic Research web site.

Publish Date
Language
English

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Edition Availability
Cover of: Comparative statics in markets for indivisible goods
Comparative statics in markets for indivisible goods
2010, National Bureau of Economic Research
Electronic resource in English

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Book Details


Edition Notes

Title from PDF file as viewed on 9/28/2010.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.

Published in
Cambridge, MA
Series
NBER working paper series -- working paper 16285, Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16285.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL24485112M
LCCN
2010656237

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History

Download catalog record: RDF / JSON / OPDS | Wikipedia citation
September 25, 2020 Edited by MARC Bot import existing book
August 4, 2012 Edited by VacuumBot Updated format '[electronic resource] /' to 'Electronic resource'
December 1, 2010 Created by ImportBot Imported from Library of Congress MARC record