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About manifolds and determinacy in general equilibrium theory

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  • Elvio Accinelli

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Abstract

In this paper we prove that the social equilibrium set, of an exchange economy, with consumption space as a subset of a Banach space in a Banach manifold, and this Characterization does not depend on the number of commodities. In the way to obtain this characterization we will show that the set of social weights of equilibrium, associated with a giben distribution of the initial endowments, is finite.

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File URL: http://www.econ.uchile.cl/uploads/publicacion/755b1a9a-020a-43e6-bd6f-acdb333b2e1e.pdf
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Bibliographic Info

Article provided by University of Chile, Department of Economics in its journal Estudios de Economia.

Volume (Year): 30 (2003)
Issue (Month): 2 Year 2003 (December)
Pages: 169-177

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Handle: RePEc:udc:esteco:v:30:y:2003:i:2:p:169-177

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Web page: http://www.econ.uchile.cl/
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Related research

Keywords: Banach Space; Banach Manifold; General Equilibrium; Equilibrium Social Weights.;

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Cited by:
  1. Covarrubias, Enrique, 2011. "The equilibrium set of economies with a continuous consumption space," Journal of Mathematical Economics, Elsevier, vol. 47(2), pages 137-142, March.
  2. Covarrubias Enrique, 2010. "Regular Infinite Economies," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-21, July.

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