An index formula for production economies with externalities.

In this paper we prove an index formula for production economies with externalities. We allow for non-convexities in the production sector and set the firms behavior according to general pricing rules. We derive as corollaries existence of a general equilibrium in such a setting.

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Year of publication:	2007-05
Authors:	Mandel, Antoine
Institutions:	Centre d'Économie de la Sorbonne, Université Paris 1 (Panthéon-Sorbonne)
Subject:	General equilibrium theory \| existence of equilibrium \| increasing returns \| externalities \| degree theory

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Extent:	application/pdf
Series:	Documents de travail du Centre d'Economie de la Sorbonne. - ISSN 1955-611X.
Type of publication:	Book / Working Paper
Notes:	20 pages
Classification:	C62 - Existence and Stability Conditions of Equilibrium ; D51 - Exchange and Production Economies ; D62 - Externalities
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005510613