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Что (кто) такое Walrasian auctioneer - определение
SIMULTANEOUS AUCTION WHERE EACH AGENT CALCULATES ITS DEMAND FOR THE GOOD AT EVERY POSSIBLE PRICE AND SUBMITS THIS TO AN AUCTIONEER
Walrasian auctioneer; Tatonnement; Tâtonnement; Walrasian tatonnement; Walrasian tâtonnement; Walrasian market
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Найдено результатов: 18
Walrasian auction
A Walrasian auction, introduced by Léon Walras, is a type of simultaneous auction where each agent calculates its demand for the good at every possible price and submits this to an auctioneer. The price is then set so that the total demand across all agents equals the total amount of the good.
Competitive equilibrium
ECONOMIC EQUILIBRIUM CONCEPT
Walrasian equilibrium; Competitive Equilibrium
Competitive equilibrium (also called: Walrasian equilibrium) is a concept of economic equilibrium introduced by Kenneth Arrow and Gérard Debreu in 1951K. Arrow, ‘An Extension of the Basic Theorems of Classical Welfare Economics’ (1951); G.
Edsel Auctioneer
EDSEL AUCTIONEER BAND
The Edsel Auctioneer
The Edsel Auctioneer were a band formed in Leeds in 1988 by Ashley Horner (guitar/ vocals), Phil Pettler (bass/ vocals), Aidan Winterburn (vocals, guitar) and Chris Cooper (drums). They were named after the ill-fated Ford automobile whose front grille was supposed to have resembled a woman's pudenda.
Marshallian demand function
FUNCTION THAT SPECIFIES WHAT THE CONSUMER WOULD BUY IN EACH PRICE AND INCOME OR WEALTH SITUATION, ASSUMING IT PERFECTLY SOLVES THE UTILITY MAXIMIZATION PROBLEM
Marshallian demand correspondence; Marshallian demand; Walrasian demand; Walrasian demand function; Walrasian demand correspondence; Marshallian demand curve; Uncompensated demand
In microeconomics, a consumer's Marshallian demand function (named after Alfred Marshall) is the quantity they demand of a particular good as a function of its price, their income, and the prices of other goods, a more technical exposition of the standard demand function. It is a solution to the utility maximization problem of how the consumer can maximize their utility for given income and prices.
General equilibrium theory
THEORY OF EQUILIBRIUM BETWEEN SUPPLY AND DEMAND
Partial equilbrium; Walrasian Equilibrium; General competitive equilibrium; Walrasian Equilibria; Walrasian equilibria; Walresian Equilibria; Walrasian general equilibrium; Theory of market equilibrium; Differential tax analysis; Hahn problem; Walrasian hypothesis; General equilibrium; General equilibrium model; General Equilibrium Theory; First Fundamental Theorem of Welfare Economics; General economic equilibrium theory
In economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that the interaction of demand and supply will result in an overall general equilibrium. General equilibrium theory contrasts to the theory of partial equilibrium, which analyzes a specific part of an economy while its other factors are held constant.
World Livestock Auctioneer Championship
The World Livestock Auctioneer Championship is an annual competition of livestock auctioneers who practice the auction chant typical of rural areas in the United States and Canada. The competition is sponsored by the Livestock Marketing Association and was first held in 1963.
Disequilibrium macroeconomics
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RESEARCH DEALING WITH DISEQUILIBRIUM IN ECONOMICS
Disequilibrium economics
Disequilibrium macroeconomics is a tradition of research centered on the role of disequilibrium in economics. This approach is also known as non-Walrasian theory, equilibrium with rationing, the non-market clearing approach, and non-tâtonnement theory.
Perfect competition
![(monopoly) economic profit]]. An oligopoly usually has economic profit also, but operates in a market with more than just one firm (they must ''share'' available demand at the market price).](https://commons.wikimedia.org/wiki/Special:FilePath/Imperfect competition in the short run.svg?width=200 "(monopoly) economic profit]]. An oligopoly usually has economic profit also, but operates in a market with more than just one firm (they must ''share'' available demand at the market price).")
![In the short run, it is possible for an individual firm to make an [[economic profit]]. This situation is shown in this diagram, as the price or average revenue, denoted by <math>\text{P}</math>, is above the average cost denoted by <math>\text{C}</math> .](https://commons.wikimedia.org/wiki/Special:FilePath/Perfect competition in the short run.svg?width=200 "In the short run, it is possible for an individual firm to make an [[economic profit]]. This situation is shown in this diagram, as the price or average revenue, denoted by <math>\text{P}</math>, is above the average cost denoted by <math>\text{C}</math> .")
.svg?width=200 "Only in the short run can a firm in a perfectly competitive market make an economic profit.")
MARKET STRUCTURE IN WHICH FIRMS ARE PRICE TAKERS FOR A HOMOGENOUS PRODUCT
Perfect Competition; Perfectly competitive; Walrasian model; Pure competition; Atomistic market; Perfect competiton; Perfect market; Imperfect market; Perfect markets; Undistorted market; Perfectly competitive market; Theory Of Perfect Competition; Perfect competition model; Atomistic competition
In economics, specifically general equilibrium theory, a perfect market, also known as an atomistic market, is defined by several idealizing conditions, collectively called perfect competition, or atomistic competition. In theoretical models where conditions of perfect competition hold, it has been demonstrated that a market will reach an equilibrium in which the quantity supplied for every product or service, including labor, equals the quantity demanded at the current price.
Auction
PROCESS OF BUYING AND SELLING GOODS OR SERVICES BY OFFERING THEM UP FOR BID, TAKING BIDS, AND THEN SELLING THE ITEM TO THE HIGHEST BIDDER
Auctioneer; Dutch 20auction; Auctions; Silent auction; Auctioneers; Auction house; Highest bidder; Auction houses; Mystery auction; Prominent auction; General merchandise auction; General Merchandise Auction; Suggested Opening Bid; Sealed-bid auction; Auctioneering; Auction date; Auction Date; Sealed bid; Sealed-bid auctions; Auction process; Auction ring; Auction block; Silent auctions; White glove sale; Rafter bidding; Chinese auction; Amsterdam auction; Anglo-Dutch auction; Simultaneous ascending auction; Simultaneous Ascending Auction; Best/not best auction; Rank auction; Traffic-light auction; Suggested opening bid; Auction House
·vt To sell by auction.
II. Auction ·noun The things sold by auction or put up to auction.
III. Auction ·noun A public sale of property to the highest bidder, ·esp. by a person licensed and authorized for the purpose; a vendue.
auctioneer
PROCESS OF BUYING AND SELLING GOODS OR SERVICES BY OFFERING THEM UP FOR BID, TAKING BIDS, AND THEN SELLING THE ITEM TO THE HIGHEST BIDDER
Auctioneer; Dutch 20auction; Auctions; Silent auction; Auctioneers; Auction house; Highest bidder; Auction houses; Mystery auction; Prominent auction; General merchandise auction; General Merchandise Auction; Suggested Opening Bid; Sealed-bid auction; Auctioneering; Auction date; Auction Date; Sealed bid; Sealed-bid auctions; Auction process; Auction ring; Auction block; Silent auctions; White glove sale; Rafter bidding; Chinese auction; Amsterdam auction; Anglo-Dutch auction; Simultaneous ascending auction; Simultaneous Ascending Auction; Best/not best auction; Rank auction; Traffic-light auction; Suggested opening bid; Auction House
n.
Vendue-master.
Википедия
Walrasian auction
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A Walrasian auction, introduced by Léon Walras, is a type of simultaneous auction where each agent calculates its demand for the good at every possible price and submits this to an auctioneer. The price is then set so that the total demand across all agents equals the total amount of the good. Thus, a Walrasian auction perfectly matches the supply and the demand.
Walras suggested that equilibrium would always be achieved through a process of tâtonnement (French for "trial and error"), a form of hill climbing. More recently, however, the Sonnenschein–Mantel–Debreu theorem proved that such a process would not necessarily reach a unique and stable equilibrium, even if the market is populated with perfectly rational agents.
