The Existence of Equilibrium Flows

9 Sep 2022  ·  Alfred Galichon, Larry Samuelson, Lucas Vernet ·

Galichon, Samuelson and Vernet (2022) introduced a class of problems, equilibrium flow problems, that nests several classical economic models such as bipartite matching models, minimum-cost flow problems and hedonic pricing models. We establish conditions for the existence of equilibrium prices in the equilibrium flow problem, in the process generalizing Hall's theorem.

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