The Existence of Equilibrium Flows

DOI link to open access article: The Existence of Equilibrium Flows

Alfred Galichon, Larry Samuelson, Lucas Vernet

Journal of Mechanism and Institution Design
Volume 9, issue 1, pages 55-81 (December 2024)
doi: 10.22574/jmid.2024.12.004

Abstract:

In this paper, we establish conditions for the existence of an equilibrium in the equilibrium flow problem studied by Galichon et al. (2024). The problem nests several classical economic models such as bipartite matching models, hedonic pricing models, shortest-path and minimum-cost flow problems, and time-dependent routing problems.

Keywords: Equilibrium flow, unified gross substitutes, matching.

JEL Classification Numbers: C6, D85.