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Economy of Referential Preferences A new mathematical approach for choice theory and general equilibrium

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  • Teycir GOUCHA

    (University of Tunis)

Abstract

In this paper we introduce basic notions of a new economic model where preference relations on commodities set are represented by a group action on Euclidean space instead of utility function. Conditions that ensure the existence of individual demand function and a general equilibrium in the setting of exchange economy are examined.

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Bibliographic Info

Article provided by Asociatia Generala a Economistilor din Romania - AGER in its journal Theoretical and Applied Economics.

Volume (Year): XVIII(2012) (2012)
Issue (Month): 9(574) (September)
Pages: 65-76

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Handle: RePEc:agr:journl:v:9(574):y:2012:i:9(574):p:65-76

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Related research

Keywords: preference relations; group theory; general equilibrium.;

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