The marginal pricing rule revisited.

The purpose of the paper is to introduce a tighter definition for the marginal pricing rule. By means of an example, we illustrate the improvements that one gets with the new definition with respect to the former one with the Clarke's normal come.

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Year of publication:	2005-11
Authors:	Bonnisseau, Jean-Marc ; Cornet, Bernard ; Czarnecki, Marc-Olivier
Institutions:	Maison des Sciences Économiques, Université Paris 1 (Panthéon-Sorbonne)
Subject:	General economic equilibrium \| increasing returns \| marginal pricing rule

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Extent:	application/pdf
Series:	Cahiers de la Maison des Sciences Economiques. - ISSN 1624-0340.
Type of publication:	Book / Working Paper
Notes:	11 pages
Classification:	C62 - Existence and Stability Conditions of Equilibrium ; D50 - General Equilibrium and Disequilibrium. General ; D51 - Exchange and Production Economies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005510654