Showing 1 - 10 of 282
For an exchange economy, under assumptions which did not bring about the existence of equilibrium with dividends as yet, we prove the non-emptiness of the fuzzy rejective core. Then, via Konovalov (1998, 2005)'s equivalence result, we solve the equilibrium with dividends existence problem....
Persistent link: https://www.econbiz.de/10009510659
Persistent link: https://www.econbiz.de/10001871190
Persistent link: https://www.econbiz.de/10000839182
Persistent link: https://www.econbiz.de/10000826349
Persistent link: https://www.econbiz.de/10008747035
Persistent link: https://www.econbiz.de/10001107928
Persistent link: https://www.econbiz.de/10001035144
In this paper, we first give a direct proof of the existence of Edgeworth equilibria for exchange economies with consumption sets which are (possibly) unbounded below. The key assumption is that the individually rational utility set is compact. It is worth noticing that the statement of this...
Persistent link: https://www.econbiz.de/10005630651
Persistent link: https://www.econbiz.de/10003992877
Persistent link: https://www.econbiz.de/10003962779