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Production Equilibria in Locally proper Economies with Unbounded and Unordered Consumers

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Author Info
Tourky, R.

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Abstract

We prove a theorem on the existence of general equilibrium for a production economy with unordered preferences in a topological vector lattice commodity space. Our consumption sets need not have a lower bound and the set of feasible allocations need not be topologically bounded. Furthermore, we assume that the economy is locally proper as opposed to uniformly proper. In particular, preferences satisfy a locally uniform version of Yannelis and Zame's (1986) extreme desirability condition.

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Publisher Info
Paper provided by La Trobe - Department of Economics in its series Papers with number 97.01.

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Length: 16 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:fth:latrob:97.01

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Postal: School of Economics and Commerce, La Trobe University, Bundoora, Victoria, Australia 3089.
Phone: (03) 9479 3012
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Web page: http://www.latrobe.edu.au/business/
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Keywords: ECONOMETRICS

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Find related papers by JEL classification:
C62 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Existence and Stability Conditions of Equilibrium

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  1. Monique Florenzano & Valeri Marakulin, 2000. "Production Equilibria in Vector Lattices," Econometric Society World Congress 2000 Contributed Papers 1396, Econometric Society. [Downloadable!]
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This page was last updated on 2008-7-2.


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