Existence and Uniqueness of the Competitive Equilibrium for Infinite Dimensional Economies.

In this paper, from the excess utility function we obtain a binary relation in the social weights space and then, for an infinite dimensional economy, we prove the existence of equilibrium in our approach we don't suppose the existence of a demand function. Finally, we obtain a condition for the uniqueness of equilibrium, and we give some examples of economies that satisfy this condition.

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Year of publication:	1999
Authors:	Accinelli, E.
Subject:	SOCIAL WELFARE \| GENERAL EQUILIBRIUM \| COMPETITION

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Type of publication:	Book / Working Paper
Notes:	9 pages
Classification:	D41 - Perfect Competition ; D50 - General Equilibrium and Disequilibrium. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005487142