# Questions tagged [walrasian]

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### General Equilibrium allocation holding fixed a consumer's utility

I'm having some issues with solving this general equilibrium exercise. The way I started off is by assuming that since consumer 2's utility is fixed, he will have a fixed utility function. Then ...
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Consider a production economy with 1 consumer and 2 firms. The consumer's utility is $u(x,y)=xy$. The first firm makes $x$ using capital and labor according to the production function $x=k^\alpha l^{1-... 0 votes 0 answers 88 views ### How do I argue that the Walrasian equilibrium is unique? Consider an economy with 1 consumer and 1 firm. There are only 2 goods, leisure$l$and corn$c$and the consumer is endowed with 24 hours of leisure. The consumer's utility function is$u(c,l)=cl$. ... 0 votes 0 answers 43 views ### Pure exchange economy: What if a consumer can set prices? I'm trying to solve the following problem: Consider an exchange economy with 2 consumers and 2 goods. First, consumer A sets the price, then consumer B maximizes utility according to the price. Then ... 0 votes 0 answers 107 views ### Finding demand function in Walrasian equilibrium Maybe the title doesn't reflect what I mean perfectly but basically, I wanna derive demand functions from those two utility functions: where$x_{11}$is the consumption of good 1 by agent 1 and$x_{...
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I have a two-person exchange economy Each agent has the following utility $u_i(x_i,y_i)=v(x_i)+y_i$ for agent $i=\{A,B\}$ Assume that $v$ is strictly concave and increasing function that has a ...