The equilibrium set of infinite dimensional Walrasian economies and the natural projection

B-Tier
Journal: Journal of Mathematical Economics
Year: 2013
Volume: 49
Issue: 6
Pages: 435-440

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The natural projection plays a fundamental role to understand the behavior of the Walrasian economies. In this paper, we extend this method to analyze the behavior of infinite dimensional economies. We introduce the definition of the social equilibrium set, and we show that there exists a bijection between this set and the Walrasian equilibrium set of an infinite dimensional economy. In order to describe the main topological characteristics of both sets, we analyze the main differential characteristics of the excess utility function and then, we extend the method of the natural projection as suggested by Y. Balasko.

Technical Details

RePEc Handle
repec:eee:mateco:v:49:y:2013:i:6:p:435-440
Journal Field
Theory
Author Count
1
Added to Database
2026-01-24