We prove the stability of equilibrium in a completely decentralized Walrasian general equilibrium economy in which prices are fully controlled by economic agents, with production and trade occurring out of equilibrium. Journal of Economic Literature Classifications: C62—Existence and Stability Conditions of Equilibrium D51—Exchange and Production Economies D58—Computable and Other Applied Gener...

prices of meat in the international and a nation's internal markets tend to be closely related to each other. this relation could be sometimes harmful and due to lagged responses, meat prices at the internal market would subsequently increase as input prices increase at either the internal or international market. price uncertainty and transmition are two important problems facing a nation...

housing is one of the economic major sectors of the macro economy of country and micro economy of the household. changes in home prices, including consideration of issues in recent years . in this regard, several studies for examining the determinant variables of housing supply and demand and prices have been. this article attempts with using of model dissimilar variance household arch, paying ...

breakeven analysis is one of the most important existent tools for decision-making in agriculture. this technique used for analysis of different budget components about irrigated wheat crop in marvdasht township. the required data and information were collected via 154 questionnaires and using the stratified random sampling method during 2004-2005. results show that farmer's profit (rls. 4...

BACKGROUND We review procurement and pricing transparency practices for pharmaceutical products. We specifically focus on Brazil and examine its approach to increasing pricing transparency, with the aim of determining the level of effectiveness in lower prices using a tool (Banco de Preços em Saúde, BPS) that only reveals purchase prices as compared to other tools (in other countries) that esta...

the difficulty of determining intrinsic value of stock prices have led many people to use technical analysis in order to forecast stock prices in the future. to predict the stock price we need to determine the generating process of stock prices. in recent years many time - series methods have been used for forecasting purposes. one of these methods is the rescaled range analysis (ris). in the a...

Farmers often buy water using fixed fees—rather than with marginal prices. We use two randomized controlled trials in Bangladesh to study the relationship between prices, adoption of a water-saving technology, and usage. Our first experiment shows that technology only saves when farmers face second finds an encouragement voluntarily convert hourly pumping charges does not save water. Taken toge...

In this paper, three dynamic pricing models are developed and analyzed. We assume a limited number of a particular asset is offered for sale over a period of time. This asset is perishable and can be an inventory or a manufacturing capacity. During each period, the seller sets a price for this asset. This price is selected from a predetermined discrete set. The maximum amount which a customer i...

OBJECTIVES This study aims to examine the impact of external price referencing (EPR) on on-patent medicine prices, adjusting for other factors that may affect price levels such as sales volume, exchange rates, gross domestic product (GDP) per capita, total pharmaceutical expenditure (TPE), and size of the pharmaceutical industry. METHODS Price data of 14 on-patent products, in 14 European cou...

In theory, monetary policies that target the price level, as opposed to the inflation rate, should be highly effective at stabilizing the economy and avoiding deflation in the presence of the zero lower bound on nominal interest rates. With such a policy, if the short-term interest rate is constrained at zero and the inflation rate declines below its trend, the public expects that policy will e...