Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/296371 
Year of Publication: 
2022
Citation: 
[Journal:] Theoretical Economics [ISSN:] 1555-7561 [Volume:] 17 [Issue:] 2 [Year:] 2022 [Pages:] 801-839
Publisher: 
The Econometric Society, New Haven, CT
Abstract: 
Several structural results for the set of competitive equilibria in trading networks with frictions are established: The lattice theorem, the rural hospitals theorem, the existence of side-optimal equilibria, and a group-incentive-compatibility result hold with imperfectly transferable utility and in the presence of frictions. While our results are developed in a trading network model, they also imply analogous (and new) results for exchange economies with combinatorial demand and for two-sided matching markets with transfers.
Subjects: 
Trading Networks
Full Substitutability
Imperfectly Transferable Utility
Competitive Equilibrium
Indivisible Goods
Frictions
Lattice
Rural Hospitals
JEL: 
C78
D47
D52
L14
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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