D'Agata, Antonio - In: Economics: The Open-Access, Open-Assessment E-Journal 6 (2012) 2012-12, pp. 1-16
The existence of an exact Walrasian equilibrium in nonconvex economies is still a largely unexplored issue. This paper shows that such an equilibrium exists in nonconvex economies by following the nearby economyapproach introduced by Postlewaite and Schmeidler (Approximate Walrasian Equilibrium...
