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Quasi-equilibria in Banach spaces with lower semi-continuous preferences

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Author Info
Ning Sun ()
Abstract

This paper establishes a general result on the existence of non-trivial quasi-equilibria for economies with infinitely many commodities, in which consumers’ preferences are assumed to be lower semi-continuous, but not necessarily to have open lower sections nor to be open valued. Such preference relations include the lexicographic orderings. In addition, production technologies are not required to satisfy free disposal condition. Copyright Springer-Verlag Berlin/Heidelberg 2006

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File URL: http://hdl.handle.net/10.1007/s00199-004-0565-6
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Publisher Info
Article provided by Springer in its journal Economic Theory.

Volume (Year): 27 (2006)
Issue (Month): 3 (04)
Pages: 691-703
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Handle: RePEc:spr:joecth:v:27:y:2006:i:3:p:691-703

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Related research
Keywords: Banach commodity space; Lower semi-continuity; Open core; Non-trivial quasi-equilibrium; Properness.;

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This page was last updated on 2009-12-22.

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