A short note on the definable Debreu map in regular O-minimal equilibrium manifolds
The main purpose of this paper is to outline that the definable Debreu map is a local definable diffeomorphism. It implies the equilibrium is locally determined in each connected component partitioning a regular O-minimal equilibrium manifold. It complements the result in Theorem 5 of Arias-R. (2013) and converges to the local determinacy result of definable competitive equilibrium of Blume and Zame (1992).
|Date of creation:||06 Jan 2014|
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- Debreu, Gerard, 1970.
"Economies with a Finite Set of Equilibria,"
Econometric Society, vol. 38(3), pages 387-92, May.
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