Whittaker, J.; Abraham, H.; Smart, D. R. - In: Economic Theory 8 (1996) 1, pp. 177-182
In a pure exchange economy, there exists a price vector which is a quasi-equilibrium (Debreu 1962), but this may not be a competitive equilibrium if some individuals' demand functions are discontinuous because their incomes may be zero. We show nonetheless, in a pure exchange economy with free...