@techreport{965cd6c84f0947c4a1011b0523a7e95b,
title = "Equilibrium in the Assignment Market under Budget Constraints",
abstract = "We reexamine the well-known assignment market model in a more general and more practical environment where agents may be financially constrained. These constraints will be shown to have an important impact on the set of Walrasian equilibria. We prove that a price adjustment process will either find a unique minimal Walrasian equilibrium price vector, or exclusively validate the nonexistence of equilibrium",
keywords = "assignment, auction, budget constraint, Walrasian equilibrium",
author = "{van der Laan}, G. and Dolf Talman and Z. Yang",
note = "CentER Discussion Paper Nr. 2018-046",
year = "2018",
month = nov,
day = "12",
language = "English",
volume = "2018-046",
series = "CentER Discussion Paper",
publisher = "CentER, Center for Economic Research",
type = "WorkingPaper",
institution = "CentER, Center for Economic Research",
}