It is shown that, in pure exchange economies, the individual demand functions can be recovered from the equilibrium set regardless of the way we evaluate wealth. Following Balasco (2004), the demand functions do not have to be differentiable, not even continuous nor utility maximizing. Thus, the...

We study a two-layer parametric nonlinear dynamic model of corruption deterrence with a simple overlapping generations structure. In a series of scenarios simulated, we find that increased resources dedicated to corruption deterrence schemes together with increased fines and higher wage rates...