Existence of Marginal Cost Pricing Equilibria in Economies with Several Nonconvex Firms

DOI10.2307/2938195zbMath0728.90016OpenAlexW2126637409MaRDI QIDQ3352799

Bernard Cornet, Jean-Marc Bonnisseau

Publication date: 1990

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2938195

zbMATH Keywords

nonconvexitiesincreasing returns to scalemarginal cost pricing

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items (21)

Nonconvex equilibrium models for energy markets: exploiting price information to determine the existence of an equilibrium ⋮ Existence of intransitive equilibria in nonconvex economies ⋮ Existence and uniqueness of equilibria with increasing returns ⋮ An adjustment process for nonconvex production economies ⋮ Painlevé-Kuratowski convergence of minimal solutions for set-valued optimization problems via improvement sets ⋮ Marginal Pricing and Marginal Cost Pricing Equilibria in Economies with Externalities and Infinitely Many Commodities ⋮ La théorie mathématique de l'équilibre économique: Extension du modèle de Arrow-Debreu au cadre non convexe. (The mathematical theory of economic equilibrium: Extension of the Arrow-Debreu model to a nonconvex framework) ⋮ Cost sharing: Efficiency and implementation ⋮ Existence of equilibria in economies with externalities and non-convexities in an infinite-dimensional commodity space ⋮ Existence of Lindahl equilibria in economies with nonconvex production sets ⋮ Existence of equilibria in the presence of increasing returns ⋮ Structure of the equilibria set of a production economy ⋮ Implementation in production economies with increasing returns ⋮ Computation of equilibria in an economy with increasing returns to scale technologies ⋮ On the existence of equilibria without convexity or free disposal on production technologies ⋮ Market failures and equilibria in Banach lattices: new tangent and normal cones ⋮ Implementation in economies with non-convex production technologies unknown to the designer ⋮ Painlevé-Kuratowski convergences of the solution sets for vector optimization problems with free disposal sets ⋮ Existence of equilibria in economies with increasing returns and infinitely many commodities ⋮ Characterizations of the Free Disposal Condition for Nonconvex Economies on Infinite Dimensional Commodity Spaces ⋮ On contractual approach for non-convex production economies

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