Equilibria with nonstandard prices in vector lattice overlapping generations economies. (Q1399863)
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scientific article; zbMATH DE number 1957240
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Equilibria with nonstandard prices in vector lattice overlapping generations economies. |
scientific article; zbMATH DE number 1957240 |
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Equilibria with nonstandard prices in vector lattice overlapping generations economies. (English)
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30 July 2003
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The paper considers an intertemporal model of special type, the so-called OLG-economies (OverLapping Generations) in vector lattices structural framework. The aim is to study the existence equilibrium problem for OLG-economies under modern weakest structural assumptions. The paper introduces also the concept of an equilibrium with non-standard prices for which the compensated values are described via an explicit formula given in non-standard analysis terms.
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nonstandard analysis
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