The number of equilibria of smooth infinite economies
We construct an index theorem for smooth infinite economies that shows that generically the number of equilibria is odd. As a corollary, this gives a new proof of existence and gives conditions that guarantee global uniqueness of equilibria.
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Volume (Year): 49 (2013)
Issue (Month): 4 ()
Pages: 263265
Handle:  RePEc:eee:mateco:v:49:y:2013:i:4:p:263265 
DOI:  10.1016/j.jmateco.2013.03.003 
Contact details of provider:  Web page: http://www.elsevier.com/locate/jmateco

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