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Existence of Walrasian equilibria with discontinuous, non-ordered, interdependent preferences, without free disposal, and with an infinite-dimensional commodity space.

Authors :
Podczeck, Konrad
Yannelis, Nicholas C.
Source :
Economic Theory; Sep2024, Vol. 78 Issue 2, p389-401, 13p
Publication Year :
2024

Abstract

A new proof of the existence of a Walrasian equilibrium with an infinite dimensional commodity space is provided, which allows agents' preferences to be discontinuous. The new theorems include as corollaries the existence results of Mas-Collel, Yannelis and Zame, Araujo and Monteiro, and Mas-Collel and Richard, among others. [ABSTRACT FROM AUTHOR]

Subjects

Subjects :
EQUILIBRIUM

Details

Language :
English
ISSN :
09382259
Volume :
78
Issue :
2
Database :
Complementary Index
Journal :
Economic Theory
Publication Type :
Academic Journal
Accession number :
179086364
Full Text :
https://doi.org/10.1007/s00199-024-01553-0