Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Robert Kelly is managing director of ...

Discover general equilibrium theory's market impact, key assumptions, and explore alternatives like Mises' and Lachmann's ...

General equilibrium analysis provides a unified framework for understanding how multiple markets interact to determine prices, allocations and welfare outcomes in an economy composed of countless ...

This paper proposes a new mechanism for combinatorial assignment - for example, assigning schedules of courses to students - based on an approximation to competitive equilibrium from equal incomes ...