Economics External Seminar: Jan Christoph Schlegel

24 October 2019, 1.00 PM - 24 October 2019, 2.00 PM

Jan Christoph Schlegel

1B6, Priory Road Complex

Title: Trading Networks with General Preferences

Abstract: Several structural results for the set of competitive equilibria in trading networks are established: The lattice theorem, the rural hospital theorem, the existence of side-optimal equilibria, and a group-incentive-compatibility result hold without the assumption of quasi-linear utility in transfers. While our results are developed in a trading network model, they also imply analogous (and new) results for exchange economies with combinatorial demand and for two-sided matching markets with transfers.

 

 

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