کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
967007 | 1479284 | 2006 | 19 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Existence of competitive equilibria with externalities: A differential viewpoint
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کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه
ریاضیات
ریاضیات کاربردی
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: Existence of competitive equilibria with externalities: A differential viewpoint Existence of competitive equilibria with externalities: A differential viewpoint](/preview/png/967007.png)
چکیده انگلیسی
We consider a class of pure exchange economies with externalities. Each consumption set is described by a function called possibility function which depends on the individual initial endowment. Moreover, each possibility function, as well as each utility function, depends on the consumptions of all households. Our definition of competitive equilibrium with externalities includes as a particular case the classical definition. Using homotopy arguments, under differentiability and boundary conditions, we show that for all economies the set of equilibria is non-empty and compact. This work is the first step to encompass externalities in the global analysis of equilibria.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Mathematical Economics - Volume 42, Issues 4â5, August 2006, Pages 525-543
Journal: Journal of Mathematical Economics - Volume 42, Issues 4â5, August 2006, Pages 525-543
نویسندگان
Elena L. del Mercato,