On the existence of Walras equilibrium in irreducible economies with satiable and non-ordered preferences

Irreducible exchange economies in which consumers’ preferences are satiable and non-ordered are considered. A general existence theorem of dividend quasi-equilibrium is proved and by the theorem the existence of Walras equilibrium is proved under weak assumptions of non-satiation.

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Year of publication:	2012-09
Authors:	Miyazaki, Kentaro ; Takekuma, Shin-Ichi
Institutions:	Graduate School of Economics, Hitotsubashi University
Subject:	dividend equilibrium \| Walras equilibrium \| irreducibility \| satiation

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Extent:	application/pdf
Series:	Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 2012-05 24 pages long
Classification:	C62 - Existence and Stability Conditions of Equilibrium ; D11 - Consumer Economics: Theory ; D41 - Perfect Competition ; D51 - Exchange and Production Economies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010575495