Please use this identifier to cite or link to this item:
https://hdl.handle.net/10419/26414
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Gersbach, Hans | en |
dc.contributor.author | Haller, Hans | en |
dc.date.accessioned | 2008-09-09 | - |
dc.date.accessioned | 2009-07-28T08:31:35Z | - |
dc.date.available | 2009-07-28T08:31:35Z | - |
dc.date.issued | 2008 | - |
dc.identifier.uri | http://hdl.handle.net/10419/26414 | - |
dc.description.abstract | We We integrate individual power in groups into general equilibrium models. The relationship between group formation, resource allocation, and the power of specific individuals or particular sociological groups is investigated. We introduce, via an illustrative example, three appealing concepts of power and show that there is no monotonic relationship between these concepts. Then we examine existence of competitive equilibria with free exit and study whether maximal individual power is consistent with Pareto efficiency. As applications, we discuss when power spillovers occur and we identify human relation paradoxes: positive externalities increase, but none of the household members gains in equilibrium. We further identify implicit, determinate and de facto power. | en |
dc.language.iso | eng | en |
dc.publisher | |aCenter for Economic Studies and ifo Institute (CESifo) |cMunich | en |
dc.relation.ispartofseries | |aCESifo Working Paper |x2369 | en |
dc.subject.jel | D41 | en |
dc.subject.jel | D50 | en |
dc.subject.jel | D60 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | group formation | en |
dc.subject.keyword | competitive markets | en |
dc.subject.keyword | power | en |
dc.subject.keyword | exit | en |
dc.subject.stw | Gruppentheorie | en |
dc.subject.stw | Wirtschaftliche Macht | en |
dc.subject.stw | Allgemeines Gleichgewicht | en |
dc.subject.stw | Marktaustritt | en |
dc.subject.stw | Pareto-Optimum | en |
dc.subject.stw | Theorie | en |
dc.title | Exit and power in general equilibrium | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 605166129 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
Files in This Item:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.