Direct Perturbations of Aggregate Excess Demand

We complement the Sonnenschein-Mantel-Debreu results by establishing that an exchange economy, i.e., preferences and endowments, that generates a given aggregate excess demand (AED) function is close to the economy that generates a perturbation of this AED. As a consequence, genericity and determinacy results obtained by direct perturbation of an AED are as strong as results obtained by perturbing preferences and endowments

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Year of publication:	[2010]
Authors:	Castro, Sofia B. S. D.
Other Persons:	Dakhlia, Sami F. (contributor) ; Gothen, Peter B. (contributor)
Publisher:	[2010]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Aggregation \| Nachfrage \| Demand

Extent:	1 Online-Ressource (19 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 30, 2009 erstellt
Other identifiers:	10.2139/ssrn.1156098 [DOI]
Classification:	D50 - General Equilibrium and Disequilibrium. General ; C62 - Existence and Stability Conditions of Equilibrium ; C02 - Mathematical Methods
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012716023