This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

A hypothesis guaranteeing the weak weak axiom

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Luigi Brighi ()
Reinhard John
Abstract

The Weak Weak Axiom (WWA) for the aggregate excess demand function ensures uniqueness of equilibrium in regular economies. Jerison (1999) shows that the WWA holds if the excess demand satisfies the hypothesis of Nondecreasing Dispersion of Excess Demand (NDED). This note offers a new hypothesis guaranteeing that the WWA holds and suggests a new way for obtaining supporting empirical evidence.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://merlino.unimo.it/web_dep/materiali_discussione/0486.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by University of Modena and Reggio E., Faculty of Economics "Marco Biagi" in its series Department of Economics with number 0486.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: pages 11
Date of creation: Jan 2005
Date of revision:
Handle: RePEc:mod:depeco:0486

Contact details of provider:
Web page: http://www.dep.unimore.it/
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Monica Morselli).

Related research
Keywords: Weak axiom of revealed preference; Nondecreasing dispersion of excess demand; Uniqueness of equilibrium;

Find related papers by JEL classification:
D5 - Microeconomics - - General Equilibrium and Disequilibrium

Statistics
Access and download statistics

Did you know? You can create your own reading lists on IDEAS.

This page was last updated on 2009-12-10.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.