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Intertemporal competitive equilibrium: a computational model of intermediacy in speculative markets

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How are prices set in a market economy with decentralized information? How are we able to extract full gains from trade in a competitive market without centrally coordinated price formation and resource allocation? In 1962, separate research efforts proved that neither rationality nor complete inf...

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Bibliographic Details
Main Author:	González Gutiérrez, José Javier
Format:	Tesis
Language:	English
Published:	2015
Online Access:	http://eprints.uanl.mx/10990/1/1080215488.pdf

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