how to solve for competitive equillibrium
Posted by Viren on Jul 08, 2010; 9:43am
URL: http://discussion-forum.276.s1.nabble.com/how-to-solve-for-competitive-equillibrium-tp5269273.html
DSE 2004 question 6 :
agent 1,2 have utility function min {xi, yi} and their endowments are
1=(999,0)
2=(0,1000)
what is the set of all competitive equillibrium allocations for this economy.
Also what is the general method to solve for competitive equillbrium allocations.