Some Consequences of the Unknottedness of the Walras Correspondence.

Two basic properties concerning the dynamic behavior of competitive equilibria of exchange economies with complete markets are derived essentially from the fact that the Walras correspondence has no knots.

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Year of publication:	1999
Authors:	Demichelis, S. ; Germano, F.
Institutions:	Center for Operations Research and Econometrics (CORE), École des Sciences Économiques de Louvain
Subject:	COMPETITION \| ECONOMIC MODELS \| GENERAL EQUILIBRIUM

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Series:	Papers.
Type of publication:	Book / Working Paper
Notes:	10 pages
Classification:	C50 - Econometric Modeling. General ; D50 - General Equilibrium and Disequilibrium. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005634135