An index formula for production economies with externalities

We prove that the degree of the equilibrium correspondence of an economy with increasing returns and external effects is equal to (−1)L−1 where L is the dimension of the space of goods. This allows us to infer existence, finiteness and uniqueness results.

MoreLess

Year of publication:	2008-07-22
Authors:	Mandel, Antoine
Institutions:	HAL

More details

Extent:	application/pdf
Series:	Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers).
Type of publication:	Book / Working Paper
Language:	English
Notes:	View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00634648
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009353875