Implications of Microeconomic Theory for Community Excess Demand Functions

A series of results, related to Sonnenschein's conjecture that Walras' Law is the only significant restriction microeconomic theory imposes on community demand and excess demand functions are surveyed and extended. These results have important implications for general equilibrium theory, both in questions of existence and stability, and for empirical work.

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Year of publication:	1975
Authors:	Mantel, Rolf R.
Institutions:	Cowles Foundation for Research in Economics, Yale University

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Extent:	application/pdf
Series:	Cowles Foundation Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	CFP 451. Published in Frontiers of Quantitative Economics, Vol. III, North-Holland, 1977, pp. 111-126 The price is None Number 409 24 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005762465