Tâtonnement Dynamics for Fisher Markets with Chores
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