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1982•Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)Open access

Отображения с валовой заменимостью в теории экономического равновесия

Victor Polterovich, V. A. Spivak

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Abstract

A survey of the results relating to the application of gross substitutability in economic equilibrium theory. The topics considered include existence and uniqueness of equilibrium, comparative statics, coalition stability, and stability of price-adjustment tatonnement processes. The main theorems cover the case of multivalued demand satisfying the gross substitutability condition and, in particular, are applicable to linear exchange models.

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A survey of the results relating to the application of gross substitutability in economic equilibrium theory. The topics considered include existence and uniqueness of equilibrium, comparative statics, coalition stability, and stability of price-adjustment tatonnement processes. The main theorems cover the case of multivalued demand satisfying the gross substitutability condition and, in particular, are applicable to linear exchange models.

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Available abstract

A survey of the results relating to the application of gross substitutability in economic equilibrium theory. The topics considered include existence and uniqueness of equilibrium, comparative statics, coalition stability, and stability of price-adjustment tatonnement processes. The main theorems cover the case of multivalued demand satisfying the gross substitutability condition and, in particular, are applicable to linear exchange models.

Key concepts: Comparative statics, Walrasian auction, Mathematical economics, Uniqueness, Economics, Exchange economy, Stability (learning theory), Cover (algebra)

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Отображения с валовой заменимостью в теории экономического равновесия — Research Paper | ScholarLens