Advanced Search
MyIDEAS: Login

Equilibria with increasing returns : sufficient conditions on bounded production allocations

Contents:

Author Info

  • Jean-Marc Bonnisseau

    ()
    (CERMSEM)

  • Alexandrine Jamin

    ()
    (CERMSEM)

Abstract

This paper deals with the existence of marginal pricing equilibria or equilibria with general pricing rules in an economy with increasing returns to scale or more general types of non convexities in production. Its main contribution is to posit the bounded loss and survival assumptions on a bounded subset of production allocations. Furthermore, the free-disposal assumption is weaken, which allows considering non positive prices. Finally, we also provide an existence result for a quasi-equilibria, when the survival assumption is weaken on the attainable allocations.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. 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: ftp://mse.univ-paris1.fr/pub/mse/cahiers2005/B05045.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Université Panthéon-Sorbonne (Paris 1) in its series Cahiers de la Maison des Sciences Economiques with number b05045.

as in new window
Length: 36 pages
Date of creation: Apr 2003
Date of revision: Jun 2005
Handle: RePEc:mse:wpsorb:b05045

Contact details of provider:
Postal: 106 - 112 boulevard de l'Hôpital, 75647 Paris cedex 13
Phone: 01 44 07 81 00
Fax: 01 44 07 81 09
Email:
Web page: http://mse.univ-paris1.fr/
More information through EDIRC

Related research

Keywords: General economic equilibrium; increasing returns; general pricing rules; bounded losses; marginal pricing rule; free disposal.;

Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

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.:
as in new window
  1. BONNISSEAU, Jean-Marc & CORNET, Bernard, . "Fixed-point theorems and Morse's lemma for Lipschitzian functions," CORE Discussion Papers RP -879, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  2. Guesnerie, Roger, 1975. "Pareto Optimality in Non-Convex Economies," Econometrica, Econometric Society, vol. 43(1), pages 1-29, January.
  3. Dierker, Egbert & Guesnerie, Roger & Neuefeind, Wilhelm, 1985. "General Equilibrium When Some Firms Follow Special Pricing Rules," Econometrica, Econometric Society, vol. 53(6), pages 1369-93, November.
  4. Cornet, B., 1984. "Existence of equilibria in economies with increasing returns," CORE Discussion Papers 1984007, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  5. Bonnisseau, J.-M. & Cornet, B., 1988. "Existense of marginal cost pricing equilibria: the nonsmooth case," CORE Discussion Papers 1988015, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  6. Bonnisseau, Jean-Marc, 1992. "Existence of equilibria in the presence of increasing returns : A synthesis," Journal of Mathematical Economics, Elsevier, vol. 21(5), pages 441-452.
  7. Dehez, Pierre & Dreze, Jacques, 1988. "Distributive production sets and equilibria with increasing returns," Journal of Mathematical Economics, Elsevier, vol. 17(2-3), pages 231-248, April.
  8. Gerard Debreu, 1956. "Market Equilibrium," Cowles Foundation Discussion Papers 10, Cowles Foundation for Research in Economics, Yale University.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Jean-Marc Bonnisseau & Vincent Iehle, 2004. "Payoffs-dependent Balancedness and Cores," Game Theory and Information 0403004, EconWPA.
  2. Jean-Marc Bonnisseau & Bernard Cornet, 2006. "Existence of Equilibria with a Tight Marginal Pricing Rule," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00113335, HAL.
  3. Jean-Marc Bonnisseau & Lalaina Rakotonindrainy, 2011. "Existence of equilibrium in OLG economies with increasing returns," Documents de travail du Centre d'Economie de la Sorbonne 11070, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
  4. Alexandrine Jamin & Antoine Mandel, 2006. "A general equilibrium analysis of emission allowances," Cahiers de la Maison des Sciences Economiques b06003, Université Panthéon-Sorbonne (Paris 1).
  5. Jean-Marc Bonnisseau & Bernard Cornet, 2006. "Existence of equilibria with a tight marginal," Cahiers de la Maison des Sciences Economiques b06022, Université Panthéon-Sorbonne (Paris 1).

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:mse:wpsorb:b05045. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lucie Label).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.