Strong optimality in OG economies: convergence

Authors
Tvede, M
Citation
M. Tvede, Strong optimality in OG economies: convergence, J MATH ECON, 35(3), 2001, pp. 419-425
Citations number
8
Categorie Soggetti
Economics
Journal title
JOURNAL OF MATHEMATICAL ECONOMICS
ISSN journal
03044068 → ACNP
Volume
35
Issue
3
Year of publication
2001
Pages
419 - 425
Database
ISI
SICI code
0304-4068(200106)35:3<419:SOIOEC>2.0.ZU;2-6
Abstract
In the present paper, a double-ended, pure-exchange, overlapping-generation s model is considered and economies with optimal endowments are studied. It is shown that if a sequence of economies converges uniformly to an economy with optimal endowments then their equilibria converge uniformly to the un ique equilibrium of the economy with optimal endowments. (C) 2001 Published by Elsevier Science B.V.