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Unicité et stabilité de l'équilibre dans une économie de production avec règle de tarification marginale: les cas convexe et non-convexe

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  • Elyès Jouini

Abstract

ln this paper we establish an index formula for a marginal pricing production economy and we prove the uniqueness of the equilibrium under a monotonicity assumption on the excess demand function and the local second order sufficient conditions for profit maximization. Our result generalizes the known results in the competititve framework and extends them to economies with possibly nonconvex production sets.

Suggested Citation

  • Elyès Jouini, 1996. "Unicité et stabilité de l'équilibre dans une économie de production avec règle de tarification marginale: les cas convexe et non-convexe," Annals of Economics and Statistics, GENES, issue 44, pages 159-176.
    • Handle: RePEc:adr:anecst:y:1996:i:44:p:159-176
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