Detail The Existence of Competitive Equilbrium Over An Infinite Horizon With Production and General Consumption Sets   Oleh:  McKenzie, Lionel W. ; Boyd III, John J. Jenis: Article from Bulletin/Magazine Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 34 no. 1 (1993), page 1-20. Topik: production; equilibrium; production; general consumption Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: II49.3 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Although many theorems have been proved on the existence of competitive equilibrium in production economies with an infinite set of goods and a finite set of consumers, nearly all suffer from a major defect. The consumption possibility sets are required to equal the positive orthant. This rules out trade in personal services and it does not allow for substitutions between goods on the subsistence boundary. Using methods similar to Peleg and Yaari, we show both equilibrium existence and core equivalence for economies with production and general consumption sets. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

Copyright © 2006, 2007 Unika Atma Jaya, all rights reserved