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Equilibrium Uniqueness with Perfect Complements

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  • Eilon Solan
  • Nicolas Vieille

Abstract

We study a model in which each of finitely many agent cares about a given subset of finitely many goods. We provide minimal conditions that ensure the existence and uniqueness of the equilibrium price vector - a price vector for which supply meets demand
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Suggested Citation

  • Eilon Solan & Nicolas Vieille, 2003. "Equilibrium Uniqueness with Perfect Complements," Discussion Papers 1371, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    • Handle: RePEc:nwu:cmsems:1371
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    References listed on IDEAS

    as
    1. Jun Iritani, 1981. "On Uniqueness of General Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 48(1), pages 167-171.
    2. Xavier Vives, 1987. "Small Income Effects: A Marshallian Theory of Consumer Surplus and Downward Sloping Demand," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 54(1), pages 87-103.
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    2. Paolo Bertoletti, 2022. "The dual of Bertrand with homogenous products is Cournot with perfect complements," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 10(2), pages 183-189, October.

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