Search Results - subject:"Edgeworth equilibrium"

Core Equivalences for Equilibria Supported by Non-linear Prices

Basile, Achille; Graziano, Maria Gabriella - Centro Studi di Economia e Finanza (CSEF) - 2012

The goal of this paper is to provide some new cooperative characterizations and optimality properties of competitive equilibria supported by non-linear prices. The general framework is that of economies whose commodity space is an ordered topological vector space which need not be a vector...

Persistent link: https://www.econbiz.de/10010800987

General equilibrium.

Florenzano, Monique - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2008

Unlike partial equilibrium analysis which study the equilibrium of a particular market under the clause "ceteris paribus" that revenues and prices on the other markets stay approximately unaffected, the ambition of a general equilibrium model is to analyze the simultaneous equilibrium in all...

Persistent link: https://www.econbiz.de/10005670862

General equilibrium

Florenzano, Monique - HAL - 2007

Persistent link: https://www.econbiz.de/10010750449

Production equilibria

Aliprantis, Charalambos; Florenzano, Monique; Tourky, Rabee - HAL - 2006

This paper studies production economies in a commodity space that is an ordered locally convex space. We establish a general theorem on the existence of equilibrium without requiring that the commodity space or its dual be a vector lattice. Such commodity spaces arise in models of portfolio...

Persistent link: https://www.econbiz.de/10010750751

General equilibrium analysis in ordered topological vector spaces

Aliprantis, Charalambos D.; Florenzano, Monique; … - 2004

decentralizing Edgeworth equilibrium allocations as non-trivial quasi-equilibria. As we assume neither transitivity nor monotonicity …

Persistent link: https://www.econbiz.de/10009448515

Equilibrium analysis in financial markets with countably many securities

Aliprantis, Charalambos; Florenzano, Monique; … - HAL - 2004

An F-cone is a pointed and generating convex cone of a real vector space that is the union of a countable family of finite dimensional polyedral convex cones such that each of which is an extremel subset of the subsequent one. In this paper, we study securities markets with countably many...

Persistent link: https://www.econbiz.de/10010750590

General equilibrium analysis in ordered topological vector spaces

Aliprantis, Charalambos; Florenzano, Monique; Tourky, Rabee - HAL - 2004

decentralizing Edgeworth equilibrium allocations as non-trivial equilibria. As we assume neither transitivity nor monotonicity on the …

Persistent link: https://www.econbiz.de/10010750925

Edgeworth and Lindahl-Foley equilibria of a general equilibrium model with private provision of pure public goods.

Florenzano, Monique; Mercato, Elena Laureana Del - Maison des Sciences Économiques, Université Paris 1 … - 2004

In this paper, we propose a definition of Edgeworth equilibrium for a private ownership production economy with …

Persistent link: https://www.econbiz.de/10005670917

Equilibria in production economies.

Aliprantis, Charalambos D.; Florenzano, Monique; … - Maison des Sciences Économiques, Université Paris 1 … - 2004

This paper studies production economies having a locally convex topological vector commodity space ordered by a closed and generating convex come such that the order intervals are topologically bounded. The generally assumed lattice properties on the commodity-price duality are replaced by an...

Persistent link: https://www.econbiz.de/10005670926

Edgeworth Equilibria in Production Economies

Aliprantis, Charalambos; Brown, Donald J.; Burkinshaw, Owen - Cowles Foundation for Research in Economics, Yale University - 1986

An Edgeworth equilibrium is an allocation that belongs to the core of every n-fold replica of the economy. In [2] we … conditions we establish (among other things) that: 1. Edgeworth equilibria exist; 2. Every Edgeworth equilibrium is a … quasiequilibrium; and 3. An allocation is an Edgeworth equilibrium if and only if it can be "decentralized" by a price system. …

Persistent link: https://www.econbiz.de/10004990699