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Money, nonconvex preferences and the existence of equilibrium: A note

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Publication:789296
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DOI10.1016/0022-0531(84)90062-0zbMath0532.90015OpenAlexW2015034490MaRDI QIDQ789296

Bruce D. Smith

Publication date: 1984

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(84)90062-0


zbMATH Keywords

absence of fiat moneynon-existence of equilibrianonconvex preferencessteady-state competitive equilibrium


Mathematics Subject Classification ID

General equilibrium theory (91B50)





Cites Work

  • The overlapping-generations model. I: The case of pure exchange without money
  • Existence of competitive equilibrium in a general overlapping-generations model
  • Equilibrium with Non-Convex Transactions Costs: Monetary and Non-Monetary Economies




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