BIBLIOTECA MANUEL BELGRANO - Facultad de Ciencias Económicas - UNC

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Production equilibria in locally proper economies with unbounded and unordered consumers / Rabee Tourky.

Por: Colaborador(es): Tipo de material: TextoTextoSeries Discussion paper ; n. A.97.01Detalles de publicación: Bundoora, Vic. : La Trobe University. Schools of Economics and Commerce, 1997Descripción: 16 pISBN:
  • 1864461365
Tema(s): Clasificación CDD:
  • 338.501
Resumen: We prove a theorem on the existence of general equilibrium for a production economy with unordered preferences in a topological vector lattice commodity space. Our consumption sets need not have a lower bound and the set of feasible allocations need not be topologically bounded. Instead, we introduce a notion of local proper dominance and assume that the set of feasible allocations not locally properly dominated by any other feasible allocation has compact closure. Furthermore, we assume that the economy is locally proper as opposed to uniformly proper. In particular, preferences satisfy a locally uniform version of the extreme desirability condition of Yannelis and Zame [Yannelis, N.C., Zame, W.R., 1986, Equilibria in Banach lattices without ordered preferences, Journal of Mathematical Economics 15, 85–110.].
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Documento Documento Biblioteca Manuel Belgrano F 338.501 T 18026 (Navegar estantería(Abre debajo)) Enlace al recurso Disponible 18026 F

Incluye bibliografía

We prove a theorem on the existence of general equilibrium for a production economy with unordered preferences in a topological vector lattice commodity space. Our consumption sets need not have a lower bound and the set of feasible allocations need not be topologically bounded. Instead, we introduce a notion of local proper dominance and assume that the set of feasible allocations not locally properly dominated by any other feasible allocation has compact closure. Furthermore, we assume that the economy is locally proper as opposed to uniformly proper. In particular, preferences satisfy a locally uniform version of the extreme desirability condition of Yannelis and Zame [Yannelis, N.C., Zame, W.R., 1986, Equilibria in Banach lattices without ordered preferences, Journal of Mathematical Economics 15, 85–110.].

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