IDEAS home Printed from https://ideas.repec.org/a/vep/journl/y2023v131i1p95-103.html
   My bibliography  Save this article

Walrasian Equilibrium: Two Existence Results

Author

Listed:
  • Antonio D'Agata

    (Department of Political and Social Science - University of Catania)

Abstract

We present two general results concerning the existence of a Walrasian equilibrium on the unit simplex and provide an example of a monetary pure exchange economy whose Walrasian equilibrium cannot be explained by them. Then, we provide generalizations of these results that are able to explain the existence of a Walrasian equilibrium in the economy considered.

Suggested Citation

  • Antonio D'Agata, 2023. "Walrasian Equilibrium: Two Existence Results," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 131(1), pages 95-103.
    • Handle: RePEc:vep:journl:y:2023:v:131:i:1:p:95-103
    as

    Download full text from publisher

    File URL: https://riss.vitaepensiero.it/scheda-articolo_digital/antonio-dagata/walrasian-equilibrium-two-existence-results-000518_2023_0001_0095-395240.html
    Download Restriction: Yes
    ---><---

    More about this item

    Keywords

    Walrasian equilibrium; Walras’ Law; monetary economies; Hartman-Stampacchia Theorem; Poincaré-Miranda Theorem;
    All these keywords.

    JEL classification:

    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vep:journl:y:2023:v:131:i:1:p:95-103. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vep - Vita e Pensiero (email available below). General contact details of provider: .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.