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The goal of this article is to provide a general characterization of the aggregate behavior of a group in a market environment. We allow for public and private consumption, intragroup production, and consumption externalities within a group; we only assume that the group always reaches...
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The paper provides an introduction to exterior differential calculus, and an application to the standard problem of the characterization of aggregate demand in an economy in which the number of agents is smaller than the number of goods.
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