کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
967002 1479284 2006 16 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Production equilibria
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات ریاضیات کاربردی
پیش نمایش صفحه اول مقاله
Production equilibria
چکیده انگلیسی
This paper studies production economies in a commodity space that is an ordered locally convex space. We establish a general theorem on the existence of equilibrium without requiring that the commodity space or its dual be a vector lattice. Such commodity spaces arise in models of portfolio trading where the absence of some option usually means the absence of a vector lattice structure. The conditions on preferences and production sets are at least as general as those imposed in the literature dealing with vector lattice commodity spaces. The main assumption on the order structure is that the Riesz-Kantorovich functionals satisfy a uniform properness condition that can be formulated in terms of a duality property that is readily checked. This condition is satisfied in a vector lattice commodity space but there are many examples of other commodity spaces that satisfy the condition, which are not vector lattices, have no order unit, and do not have either the decomposition property or its approximate versions.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Mathematical Economics - Volume 42, Issues 4–5, August 2006, Pages 406-421
نویسندگان
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