An Application of of the Catastrophe Theory in General Equilibrium Theory.

The aim of this paper is to characterise the set of non regular economies, when there is a finite number of consumers with either finite or infinitely many goods. We prove that the structure of the equilibrium set is the same in both cases and that there exist bifurcations in some of these models.

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Year of publication:	1996
Authors:	Accinelli, E. ; Puchet, M.
Subject:	ECONOMIC MODELS \| CONSUMPTION \| ECONOMIC EQUILIBRIUM

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Type of publication:	Book / Working Paper
Notes:	9 pages
Classification:	D50 - General Equilibrium and Disequilibrium. General ; D58 - Computable and Other Applied General Equilibrium Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005672106