Competitive equlibrium

Posted by vaibhav on
URL: http://discussion-forum.276.s1.nabble.com/Competitive-equlibrium-tp6202237.html

what is the method to find out competitive eq. in gen eq questions.

ex - endowment (XY) of agent A and B is 1000,0 and 0, 1000 respectively utilith function for A = min(x,y)
For B (1000-Xo, 1000-Yo )

Find comp eq.

options..
x=y=500
x is from( 0, 100), x=y

Plz help