Title: Equilibrium Flows: Bipartite Contracts in Large Multi-Commodity Markets
Abstract: This article introduces a model of decentralized markets with frictions. In our framework, utility is imperfectly transferable between agents that can only trade through bipartite contracting. Economic outcomes are defined as pairs of a flow vector and a price vector.
Publication Year: 2017
Publication Date: 2017-01-01
Language: en
Type: article
Indexed In: ['crossref']
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