Tâtonnement Dynamics for Fisher Markets with Chores

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Authors: Bhaskar Ray Chaudhury, Christian Kroer, Ruta Mehta, Tianlong Nan
Cited by: 0

Abstract

In this paper, we initiate the study of tâtonnement dynamics in markets with chores. Tâtonnement is a fundamental market dynamics, that captures how prices evolve when they are adjusted in proportion of their excess demand. While its convergence to a competitive equilibrium (CE) is well understood in goods markets for broad classes of utility functions, no analogous results are known for chore markets.

Fields of Study & Subjects

Economic theories and models Game Theory and Applications Optimization and Variational Analysis

Publication details

Pages
386–397
Publication date
9 June 2026