Showing 1 - 9 of 9
In this paper, we establish the existence of Berge's strong equilibrium for games with n persons in infinite dimensional space in the case where the payoff function of each player is quasi-concave. Moreover, we study the continuity of Berge's strong equilibria correspondence and essential games.
Persistent link: https://www.econbiz.de/10010552461
Focusing mainly on equilibrium existence results, this paper emphasizes the role of fixed point theorems in the development of general equilibrium theory, as well for its standard definition as for some of its extensions.
Persistent link: https://www.econbiz.de/10010603930
Unlike partial equilibrium analysis which study the equilibrium of a particular market under the clause "ceteris paribus" that revenues and prices on the other markets stay approximately unaffected, the ambition of a general equilibrium model is to analyze the simultaneous equilibrium in all...
Persistent link: https://www.econbiz.de/10010750449
Compendious and thorough solutions to the existence of a linear price equilibrium problem, the second welfare theorem, and the limit theorem on the core are provided for exchange economies whose consomption sets are the positive cone of arbitrary ordered Fréchet-dispensing entirely with the...
Persistent link: https://www.econbiz.de/10010750803
This short paper published in Games and Economic Behavior (July 2009) "In Memoriam" of David Gale, emphasizes the seminal role played by two lemmas of David Gale in the development of the foundations of General Equilibrium Theory.
Persistent link: https://www.econbiz.de/10010738676
Focusing mainly on equilibrium existence results, this paper emphasizes the role of fixed point theorems in the development of general equilibrium theory, as well for its standard definition as for some of its extensions.
Persistent link: https://www.econbiz.de/10008622014
This short paper, published in Games and Economic Behavior (July 2009) "In Memoriam" of David Gale, emphasizes the seminal role played by two lemmas of David Gale in the development of the foundations of General Equilibrium Theory.
Persistent link: https://www.econbiz.de/10008622059
Unlike partial equilibrium analysis which study the equilibrium of a particular market under the clause "ceteris paribus" that revenues and prices on the other markets stay approximately unaffected, the ambition of a general equilibrium model is to analyze the simultaneous equilibrium in all...
Persistent link: https://www.econbiz.de/10005670862
This paper studies production economies having a locally convex topological vector commodity space ordered by a closed and generating convex come such that the order intervals are topologically bounded. The generally assumed lattice properties on the commodity-price duality are replaced by an...
Persistent link: https://www.econbiz.de/10005670926