1996/11/01 by Donald J. Brown, Rosa L. Matzkin · 125 citations
Economics, Econometrics and Finance · Mathematics · Engineering · #Economic theories and models #Monetary Policy and Economic Impact #Game Theory and Voting Systems #Mathematical economics #Economics #Mathematics #Manifold (fluid mechanics) #Engineering
paper · doi:10.2307/2171830
published in Econometrica 64(6), 1249 (Wiley)
openalex publication_date 1996/11/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/14
We present a finite system of polynomial inequalities in unobservable variables and market data that observations on market prices, individual incomes and aggregate endowments must satisfy to be consistent with the equilibrium behavior of some pure trade economy. Quantifier elimination is used to derive testable propositions on finite data sets for the pure trade model.