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Direct perturbations of aggregate excess demand

Author

Listed:
  • Sofia B. S. D. Castro

    (Centro de Matematica da Universidade do Porto - Faculdade de Economia)

  • Sami Dakhlia

    (College of Business - University of Southern Mississipi)

  • Peter B. Gothen

    (Centro de Matematica da Universidade do Porto - Faculdade de Ciencias)

Abstract

We establish that an exchange economy, i.e., preferences and endowments, that generates a given aggregate excess demand (AED) function is close to the economy generating the AED obtained by an arbitrary perturbation of the original one

Suggested Citation

  • Sofia B. S. D. Castro & Sami Dakhlia & Peter B. Gothen, 2008. "Direct perturbations of aggregate excess demand," Documents de travail du Centre d'Economie de la Sorbonne b08045, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    • Handle: RePEc:mse:cesdoc:b08045
    DOI: 10.1016/j.jmateco.2010.03.008
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    Cited by:

    1. Gorokhovsky, Alexander & Rubinchik, Anna, 2022. "Necessary and sufficient conditions for determinacy of asymptotically stationary equilibria in OLG models," Journal of Economic Theory, Elsevier, vol. 204(C).
    2. Castro, Sofia B.S.D. & Dakhlia, Sami & Gothen, Peter B., 2013. "From singularity theory to finiteness of Walrasian equilibria," Mathematical Social Sciences, Elsevier, vol. 66(2), pages 169-175.
    3. Sofia B. S. D. Castro & Peter B. Gothen, 2025. "Walrasian equilibria are almost always finite in number," Papers 2510.25738, arXiv.org.

    More about this item

    Keywords

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    JEL classification:

    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics

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