A REMARK ON THE EQUILIBRIUM SET OF PURE EXCHANGE ECONOMIES

Authors
Citation
Av. Rajan, A REMARK ON THE EQUILIBRIUM SET OF PURE EXCHANGE ECONOMIES, Economic theory, 10(2), 1997, pp. 373-379
Citations number
10
Categorie Soggetti
Economics
Journal title
ISSN journal
09382259
Volume
10
Issue
2
Year of publication
1997
Pages
373 - 379
Database
ISI
SICI code
0938-2259(1997)10:2<373:AROTES>2.0.ZU;2-X
Abstract
We present a unified mathematical framework within which, among others , pure exchange economies with a finite set of agents, as well as thos e with a continuum of traders may be studied simultaneously. We prove that the reasoning presented by Balasko (1975) on the equilibrium set for finite economies generalizes very naturally to our setting. His re sults may therefore be recovered as a special case of those presented in this note.