Showing 1 - 10 of 92
The general purpose of this paper is to prove quasiequilibrium existence theorems for production economies with general consumption sets in an infinite dimensional commodity space, without assuming any monotonicity of preferences or free-disposal in production. <br> The commodity space is a vector...
Persistent link: https://www.econbiz.de/10005699512
Persistent link: https://www.econbiz.de/10005527110
The aim of the paper is to provide a new proof of the Mas-Colell-Richard existence of equilibrium result when preferences are non-transitive and incomplete. Our proof generalizes the main ideas of the Negishi approach to the case of unordered preferences.
Persistent link: https://www.econbiz.de/10005596689
The goal of the paper is to prove the existence of competitive production quasi-equilibria in linear vector lattices. We assume that the commodity space is a vector lattice endowed with a Hausdorff locally convex topology such that the positive cone is closed and the topological dual is a...
Persistent link: https://www.econbiz.de/10005176601
The general purpose of this paper is to prove quasiequilibrium existence theorems for production economies with general consumption sets in an infinite dimensional commodity space, without assuming any monotonicity of preferences or free-disposal in production.
Persistent link: https://www.econbiz.de/10005475329
Persistent link: https://www.econbiz.de/10005388325
The purpose of this paper is to extend Himmelberg's fixed point theorem replacing the usual convexity in topological vector spaces by an abstract topological notion of convexity which generalizes classical convexity as well as several metric convexity structures found in the literature. We prove...
Persistent link: https://www.econbiz.de/10005663623
Persistent link: https://www.econbiz.de/10005630612
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...
Persistent link: https://www.econbiz.de/10005630651
The purpose of this paper is to explain the role of financial assets in allowing individual agents of an economy to make at time 0 some limited commitments into the future which, at some extent, redistribute their revenue among several time periods and different states of the world.
Persistent link: https://www.econbiz.de/10005630715