In this paper, we first give a direct proof of the existence of Edgeworth equilibria for exchange economies with consumption sets which are (possibly) unbounded below. The key assumption is that the individually rational utility set is compact. It is worth noticing that the statement of this...

For an exchange economy, under assumptions which did not bring about the existence of equilibrium with dividends as yet, we prove the non-emptiness of the Edgeworth rejective core. Then, via Konovalov (1998, 2005)’s decentralization result, we solve the equilibrium with dividends existence...

In this paper, we investigate the existence of a competitive equilibrium in an intertemporal pure exchange model with a countable number of periods and a countable number of agents. This model covers both the overlapping generations case and the case where there is an infinite number of...