Noguchi, Mitsunori; Zame, William R. - In: Theoretical economics : TE ; an open access journal in … 1 (2006) 2, pp. 143-166
This paper presents a general model of a competitive market with consumption externalities, and establishes the existence of equilibrium in the model, under assumptions comparable to those in classical models. The model allows production and indivisible goods. Examples illustrate the generality...
