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Equilibrium theory with a measure space of possibly satiated consumers

Authors :
Cornet, Bernard
Topuzu, Mihaela
Yildiz, Aysegul
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.

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