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We consider an exchange economy with an atomless space of consumers whose preference relations need not be monotone. We prove that if for every commodity, there is a group of consumers who regard it as potentially desirable, in a sense to be made precise, then there exists a competitive...
Persistent link: https://www.econbiz.de/10005416805
We consider an exchange economy with an atomless space of consumers whose preference relations need not be monotone. We prove that if for every commodity, there is a group of consumers who regard it as potentially desirable, in a sense to be made precise, then there exists a competitive...
Persistent link: https://www.econbiz.de/10010629518
Persistent link: https://www.econbiz.de/10008563251