Existence of General Competitive Equilibria: A Variational Approach
Joint Authors
Source
Issue
Vol. 2016, Issue 2016 (31 Dec. 2016), pp.1-10, 10 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2016-06-20
Country of Publication
Egypt
No. of Pages
10
Main Subjects
Abstract EN
We study the existence of general competitive equilibria in economies with agents and goods in a finite number.
We show that there exists a Walras competitive equilibrium in all ownership private economies such that, for all consumers, initial endowments do not contain free goods and utility functions are locally Lipschitz quasiconcave.
The proof of the existence of competitive equilibria is based on variational methods by applying a theoretical existence result for Generalized Quasi Variational Inequalities.
American Psychological Association (APA)
Anello, Giovanni& Rania, F.. 2016. Existence of General Competitive Equilibria: A Variational Approach. Abstract and Applied Analysis،Vol. 2016, no. 2016, pp.1-10.
https://search.emarefa.net/detail/BIM-1094748
Modern Language Association (MLA)
Anello, Giovanni& Rania, F.. Existence of General Competitive Equilibria: A Variational Approach. Abstract and Applied Analysis No. 2016 (2016), pp.1-10.
https://search.emarefa.net/detail/BIM-1094748
American Medical Association (AMA)
Anello, Giovanni& Rania, F.. Existence of General Competitive Equilibria: A Variational Approach. Abstract and Applied Analysis. 2016. Vol. 2016, no. 2016, pp.1-10.
https://search.emarefa.net/detail/BIM-1094748
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1094748