Equilibria in reflexive Banach lattices with a continuum of agents
We consider exchange economies with a measure space of agents and for which the commodity space is a separable and reflexive Banach lattice. Under assumptions imposing uniform bounds on marginal rates of substitution, positive results on core-Walras equivalence were established in Rustichini-Yannelis  and Podczeck . In this paper we prove that under similar assumptions on marginal rates of substitution, the set of competitive equilibria (and thus the core) is non-empty. Copyright Springer-Verlag Berlin/Heidelberg 2004
Volume (Year): 24 (2004)
Issue (Month): 3 (October)
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