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Production Equilibria in Vector Lattices Author info | Abstract | Publisher info | Download info | Related research | Statistics Monique Florenzano (Universite Paris 1)
Valeri Marakulin (Russian Academy of Sciences)
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The general purpose of this paper is to prove quasiequilibrium existence theorems for production economies with general consumption sets in an infinite dimensional commodity space, without assuming any monotonicity of preferences or free-disposal in production. The commodity space is a vector lattice commodity space whose topological dual is a sublattice of its order dual. We formulate two kinds of properness concepts for agents' preferences and production sets, which reduce to more classical ones when the commodity space is locally convex and the consumption sets coincide with the positive cone. Assuming properness allows for extension theorems of quasiequilibrium prices obtained for the economy restricted to some order ideal of the commodity space. As an application, the existence of quasiequilibrium in the whole economy is proved without any assumption of monotonicity of preferences or free-disposal in production.
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Paper provided by Econometric Society in its series Econometric Society World Congress 2000 Contributed Papers with number
1396.
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Date of creation: 01 Aug 2000Date of revision:
Handle: RePEc:ecm:wc2000:1396Contact details of provider: Phone: 1 212 998 3820 Fax: 1 212 995 4487 Email: Web page: http://www.econometricsociety.org/pastmeetings.asp More information through EDIRC
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Keywords: References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
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Department of Economics - Working Papers Series
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Other versions: Aliprantis, Charalambos D. & Brown, Donald J., 1983.
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Podczeck, Konrad, 1996.
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Aliprantis, Charalambos D & Brown, Donald J & Burkinshaw, Owen, 1987.
"Edgeworth Equilibria ,"
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[Downloadable!] (restricted)
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Nizar Allouch, 2000.
"Edgeworth and Walras Equilibria of an Arbitrage-Free Exchange Economy ,"
Econometric Society World Congress 2000 Contributed Papers
1901, Econometric Society.
[Downloadable!]
Other versions:
Allouch, N. & Florenzano, M., 2000.
"Edgeworth and Walras Equilibria of an Arbitrage-Free Exchange Economy ,"
Papiers d'Economie Mathématique et Applications
2000.119, Université Panthéon-Sorbonne (Paris 1).
Nizar Allouch & Monique Florenzano, 2004.
"Edgeworth and Walras equilibria of an arbitrage-free exchange economy ,"
Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers)
halshs-00086096_v1, HAL.
[Downloadable!] Nizar Allouch & Monique Florenzano, 2004.
"Edgeworth and Walras equilibria of an arbitrage-free exchange economy ,"
Economic Theory ,
Springer, vol. 23(2), pages 353-370, January.
[Downloadable!] (restricted) Charalambos D. Aliprantis & Monique Florenzano & Rabee Tourky, 2004.
"Equilibria in production economies ,"
Cahiers de la Maison des Sciences Economiques
b04116, Université Panthéon-Sorbonne (Paris 1).
[Downloadable!]
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