On the existence of equilibria in economies with increasing returns

DOI10.1016/0304-4068(88)90005-5zbMath0657.90015OpenAlexW1985929632MaRDI QIDQ1111443

Rajiv Vohra

Publication date: 1988

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0304-4068(88)90005-5

zbMATH Keywords

boundary conditionexistence of equilibriaincreasing returnseconomies with non-convex production setsincome hypothesis

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items (18)

Equilibrium with nonconvex technologies ⋮ Optimal regulation under fixed rules for income distribution ⋮ Existence of intransitive equilibria in nonconvex economies ⋮ Existence of equilibria when firms follow bounded losses pricing rules ⋮ On two existence results of equilibria in economies with increasing returns ⋮ Competitive equilibria with quantity-taking producers and increasing returns to scale ⋮ Existence and uniqueness of equilibria with increasing returns ⋮ On the non-existence of a marginal cost pricing equilibrium and the Ioffe normal cone ⋮ Imperfect competition à la Negishi, also with fixed costs. ⋮ Payoff-dependent balancedness and cores ⋮ Existence of equilibria in the presence of increasing returns ⋮ Existence of competitive equilibrium under financial constraints and increasing returns ⋮ Implementation in production economies with increasing returns ⋮ Implementation of marginal cost pricing equilibrium allocations with transfers in economies with increasing returns to scale ⋮ Computation of equilibria in an economy with increasing returns to scale technologies ⋮ Equilibrium in semimonotone market games ⋮ On the existence of equilibria without convexity or free disposal on production technologies ⋮ Implementation in economies with non-convex production technologies unknown to the designer

Cites Work

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• Existence of equilibria with a tight marginal pricing rule
• On marginal cost pricing with given tax-subsidy rules
• On a general existence theorem for marginal cost pricing equilibria
• Existence of equilibria when firms follow bounded losses pricing rules
• On two existence results of equilibria in economies with increasing returns
• An Extension of the Second Welfare Theorem to Economies with Nonconvexities and Public Goods
• General Equilibrium when Some Firms Follow Special Pricing Rules
• On the Boundedness of the Feasible Set without Convexity Assumptions
• The Existence of Marginal Cost Pricing Equilibria with Increasing Returns

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