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Recent Advances on Uniqueness of Competitive Equilibrium

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  • Alexis Akira Toda
  • Kieran James Walsh

Abstract

This article reviews the recent advances in the uniqueness and multiplicity of competitive equilibria in models arising in mathematical economics, finance, macroeconomics, and trade.

Suggested Citation

  • Alexis Akira Toda & Kieran James Walsh, 2024. "Recent Advances on Uniqueness of Competitive Equilibrium," Papers 2402.00998, arXiv.org.
    • Handle: RePEc:arx:papers:2402.00998
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    References listed on IDEAS

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    3. Patrizio Bifulco & Jochen Gluck & Oliver Krebs & Bohdan Kukharskyy, 2022. "Single and Attractive: Uniqueness and Stability of Economic Equilibria under Monotonicity Assumptions," Papers 2209.02635, arXiv.org.
    4. Geanakoplos, John, 1990. "An introduction to general equilibrium with incomplete asset markets," Journal of Mathematical Economics, Elsevier, vol. 19(1-2), pages 1-38.
    5. Won, Dong Chul, 2023. "A new approach to the uniqueness of equilibrium with CRRA preferences," Journal of Economic Theory, Elsevier, vol. 208(C).
    6. Loi, Andrea & Matta, Stefano, 2021. "Minimal entropy and uniqueness of price equilibria in a pure exchange economy," Journal of Mathematical Economics, Elsevier, vol. 97(C).
    7. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
    8. Rubinstein, Mark, 1974. "An aggregation theorem for securities markets," Journal of Financial Economics, Elsevier, vol. 1(3), pages 225-244, September.
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    10. Dana, Rose Anne, 1993. "Existence and Uniqueness of Equilibria When Preferences Are Additively Separable," Econometrica, Econometric Society, vol. 61(4), pages 953-957, July.
    11. Andrea Loi & Stefano Matta, 2021. "Minimal entropy and uniqueness of price equilibria in a pure exchange economy," Papers 2102.09827, arXiv.org.
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