AN INFINITE-DIMENSIONAL EXTENSION OF THE THEORY OF DECENTRALIZED MECHANISMS

Authors
AIZPURUA J MANRESA A
Citation
J. Aizpurua et A. Manresa, AN INFINITE-DIMENSIONAL EXTENSION OF THE THEORY OF DECENTRALIZED MECHANISMS, Mathematical social sciences, 26(2), 1993, pp. 157-173
Citations number
15
Categorie Soggetti
Social Sciences, Mathematical Methods","Mathematical, Methods, Social Sciences
Journal title
Mathematical social sciences → ACNP
ISSN journal
01654896
Volume
26
Issue
2
Year of publication
1993
Pages
157 - 173
Database
ISI
SICI code
0165-4896(1993)26:2<157:AIEOTT>2.0.ZU;2-9
Abstract
The purpose of this paper is to show that the general mathematical the ory of decentralized resource allocation processes can be extended to infinite dimensional spaces. We extend a topological result due to Hur wicz and we also offer an economic example as an application of the ge neral theory. This example extends some previous results to the case w ith infinitely many commodities.