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Equilibrium theory with a measure space of possibly satiated consumers
- Source :
- The Journal of Mathematical Economics. June, 2003, Vol. 39 Issue 3-4, p175, 22 p.
- Publication Year :
- 2003
-
Abstract
- The various existing notions of equilibria proposed to tackle the problem of Walras equilibria ceasing to exist when consumer preferences have been satisfied are discussed. Further, the paper examines an economy with a measure space of consumers and offers a general existence result of equilibria for the existing notions. This result especially extends the result by Hildenbrand on the existence of Walras equilibria.
- Subjects :
- Equilibrium (Economics)
Consumer preferences
Economics
Mathematics
Subjects
Details
- Language :
- English
- ISSN :
- 03044068
- Volume :
- 39
- Issue :
- 3-4
- Database :
- Gale General OneFile
- Journal :
- The Journal of Mathematical Economics
- Publication Type :
- Academic Journal
- Accession number :
- edsgcl.117565893