Existence of intransitive equilibria in nonconvex economies

被引:7
|
作者
Gourdel, P [1 ]
机构
[1] UNIV PARIS 01,ECOLE POLYTECH,CERMSEM,LAB ECONOMETRIE,F-75634 PARIS 13,FRANCE
来源
SET-VALUED ANALYSIS | 1995年 / 3卷 / 04期
关键词
general equilibrium theory; increasing returns; marginal pricing rule; Clarke cone; fixed-point theory;
D O I
10.1007/BF01026244
中图分类号
O29 [应用数学];
学科分类号
070104 ;
摘要
We consider a general equilibrium model of an economy with increasing returns to scale or more general types of nonconvexity and without ordered preferences. Firms are instructed to set their prices according to general pricing rules which may depend on the production plans of other firms. We suppose, moreover, that the pricing rule of the firms verifies a condition of weak bounded losses. This includes the case of profit maximizing, average cost pricing and marginal (cost) pricing, thanks to a transformation used by Bonnisseau. The tastes of the consumers may depend both on other consumptions and on the prices This paper reports a general existence result in this model which extends the results of Bonnisseau and Comet.
引用
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页码:307 / 337
页数:31
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