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Equilibrium uniqueness with perfect complements

Author

Listed:
  • Nicolas Vieille

    (GREGH - Groupement de Recherche et d'Etudes en Gestion à HEC - HEC Paris - Ecole des Hautes Etudes Commerciales - CNRS - Centre National de la Recherche Scientifique)

  • E. Solan

Abstract

We study a model in which each of finitely many agent cares about a given subset of finitely many goods. We provide minimal conditions that ensure the existence and uniqueness of the equilibrium price vector - a price vector for which supply meets demand

Suggested Citation

  • Nicolas Vieille & E. Solan, 2006. "Equilibrium uniqueness with perfect complements," Post-Print halshs-00009854, HAL.
    • Handle: RePEc:hal:journl:halshs-00009854
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    References listed on IDEAS

    as
    1. Jun Iritani, 1981. "On Uniqueness of General Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 48(1), pages 167-171.
    2. Xavier Vives, 1987. "Small Income Effects: A Marshallian Theory of Consumer Surplus and Downward Sloping Demand," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 54(1), pages 87-103.
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    Cited by:

    1. Paolo Bertoletti, 2022. "The dual of Bertrand with homogenous products is Cournot with perfect complements," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 10(2), pages 183-189, October.

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    Keywords

    equilibrium price vector; model;

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