Author Name HATTA Tatsuo (Faculty Fellow, RIETI / Professor, Division of International Studies, International Christian University) /YAMAGA Hisaki (University of Tsukuba) The boarding of a congested ...

This is a preview. Log in through your library . Abstract A discrete tatonnement process is analysed within the context of a two-person, two-good exchange economy where each person has a Cobb-Douglas ...

In this paper, we show that, in markets with a continuum of traders and atoms, the set of Cournot-Walras equilibria and the set of Cournot equilibria may be disjoint. We show also that, when the ...