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dc.contributor.authorHefti, Andreas-
dc.date.accessioned2019-03-13T10:18:59Z-
dc.date.available2019-03-13T10:18:59Z-
dc.date.issued2016-
dc.identifier.issn1664-7041de_CH
dc.identifier.issn1664-705Xde_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/15978-
dc.description.abstractWe propose a formal way to systematically study the differential effects of exogenous shocks in economic models with heterogeneous agents. Our setting applies to models that can be rephrased as "competition for market shares" in a broad sense. We show that even in presence of any number of arbitrarily heterogeneous agents, a single recursion relation characterizes the distributional pattern of equilibrium market shares and related measures. We identify the general conditions under which the market share function rotates, thereby either causing more or less equality among the agents. Our setting highlights the exceptional rule that power functions play for the distributional effects. We apply our method across economic models, including examples from monopolistic competition, discrete choice, partial and general equilibrium theory and contest theory.de_CH
dc.format.extent55de_CH
dc.language.isoende_CH
dc.publisherUniversity of Zurichde_CH
dc.relation.ispartofseriesWorking Paper Seriesde_CH
dc.rightsLicence according to publishing contractde_CH
dc.subjectHeterogeneityde_CH
dc.subjectInequalityde_CH
dc.subjectMonopolistic competitionde_CH
dc.subjectGeneral equilibriumde_CH
dc.subject.ddc330: Wirtschaftde_CH
dc.titleDistributional comparative statics with heterogeneous agentsde_CH
dc.typeWorking Paper – Gutachten – Studiede_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitZentrum für Energie und Umwelt (CEE)de_CH
zhaw.publisher.placeZurichde_CH
dc.identifier.doi10.2139/ssrn.2874899de_CH
zhaw.funding.euNode_CH
zhaw.originated.zhawYesde_CH
zhaw.series.number237de_CH
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Hefti, A. (2016). Distributional comparative statics with heterogeneous agents. University of Zurich. https://doi.org/10.2139/ssrn.2874899
Hefti, A. (2016) Distributional comparative statics with heterogeneous agents. Zurich: University of Zurich. Available at: https://doi.org/10.2139/ssrn.2874899.
A. Hefti, “Distributional comparative statics with heterogeneous agents,” University of Zurich, Zurich, 2016. doi: 10.2139/ssrn.2874899.
HEFTI, Andreas, 2016. Distributional comparative statics with heterogeneous agents. Zurich: University of Zurich
Hefti, Andreas. 2016. “Distributional Comparative Statics with Heterogeneous Agents.” Zurich: University of Zurich. https://doi.org/10.2139/ssrn.2874899.
Hefti, Andreas. Distributional Comparative Statics with Heterogeneous Agents. University of Zurich, 2016, https://doi.org/10.2139/ssrn.2874899.


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