Walrasian Market — An economic model of a market process in which orders are collected into batches of buys and sells and then analyzed to determine a clearing price that will decide the market price. Also referred to as call market . The NYSE uses a similar… … Investment dictionary
Market failure — is a concept within economic theory wherein the allocation of goods and services by a free market is not efficient. That is, there exists another conceivable outcome where a market participant may be made better off without making someone else… … Wikipedia
Walrasian auction — A Walrasian auction, introduced by Leon Walras, is a type of simultaneous auction where each agent calculates its demand for the good at every possible price and submits this to an auctioneer. The price is then set so that the total demand across … Wikipedia
Itayose — A clearing method used by Japanese commodity exchanges to set prices. It is a form of auction market in which the time of order entry is not distinguished, and an opening price is derived on the principle of price priority requiring that the… … Investment dictionary
economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… … Universalium
Joseph E. Stiglitz — Infobox Scientist name = Joseph E. Stiglitz image size = 180px birth date = Birth date and age|1943|2|9|mf=y birth place = Gary, Indiana, U.S. nationality =United States field = Economics work places = Columbia University alma mater = MIT Amherst … Wikipedia
Real estate appraisal — Real estate appraisal, property valuation or land valuation is the practice of developing an opinion of the value of real property, usually its Market Value. The need for appraisals arises from the heterogeneous nature of property as an… … Wikipedia
Tanteo walrasiano — Pasamar preparado para subasta al público en El Campello (Alicante). (Nótese guía de precio) El tanteo walrasiano[1] [2 … Wikipedia Español
Mathematical economics — Economics … Wikipedia
Economía neoclásica — Este artículo o sección necesita una revisión de ortografía y gramática. Puedes colaborar editándolo (lee aquí sugerencias para mejorar tu ortografía). Cuando se haya corregido, borra este aviso por favor … Wikipedia Español
Joseph Schumpeter — Infobox Scientist name = Joseph Schumpeter caption = Joseph Schumpeter birth date = birth date|1883|2|8|mf=y birth place = Triesch, Moravia, Austria Hungary death date = death date and age|1950|1|8|1883|2|8|mf=y death place = Taconic, Connecticut … Wikipedia