BIRS Workshop Lecture Videos

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BIRS Workshop Lecture Videos

Equilibrium on quality markets, beyond the transferable case Carlier, Guillaume

Description

I will present a model in which one looks for equilibrium prices on a quality good market where consumers maximize utility subject to a budget constraints and producers maximize their profit which is quasi-linear in the price. This is a non transferable case for which optimal transport techniques cannot be used directly. I will give an existence result, discuss some special cases and a possible computation algorithm.

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Attribution-NonCommercial-NoDerivatives 4.0 International