This paper provides an updated survey of the rapidly growing literature on inframarginal
analysis of division of labor, tracing the development of this literature since its emergence in …

We study a general equilibrium model with specialization and division of labor. The market
coordinates all individuals' decisions in choosing their patterns of specialization in order to …

An effective rotation-invariant polar-wavelet texture feature for image retrieval was proposed.
The feature extraction process involves a polar transform followed by an adaptive row shift …

This paper examines the impact of pro‐worker interference on wage contracts and
innovation incentives in the labour market. Using a general equilibrium model, we find that …

We consider individual consumer–producers who operate within a perfectly competitive
market economy with transaction costs, presenting several propositions that characterize the …

In this paper we present a theoretical framework for studying integration and inequality in
China, followed by some empirical discussions of the Chinese regions. Employing the …

In the paper, the concept of Walrasian sequential equilibrium is developed to formalize the
notions of fundamental social and endogenous uncertainties and decentralized social …

In this paper we discuss finite economies with the presence of transaction costs and with
decreasing, constant or increasing returns. In general such an economy may have no …

Recently, a growing literature, known as the new classical economics, attempts to resurrect
the classical economic thoughts on division of labor within an analytical framework inherited …

In this paper we consider the problem of specialization and trade for large economies with a
continuum of ex ante identical individuals and with a finite number of goods. Different from …