On the existence of equilibria in economies with infinitely many agents and commodities. The direct system of economies
type: Item
instance of: scholarly article
title: On the existence of equilibria in economies with infinitely many agents and commodities. The direct system of economies
zbMATH Open document ID: 0823.90008
DOI: 10.1016/0304-4068(94)90018-3
author: Ken Urai
published in: Journal of Mathematical Economics
publication date: 1995-02-09T00:00:00Z
review text: The purpose of this paper is to present equilibrium existence theorems for economies with infinitely many agents and commodities in a fairly general framework. The structure of the model discussed here includes overlapping generation economies with infinitely many producers. The method of the existence proof is new and direct in the sense that the fixed point argument is applied directly to the inverse limit space of prices. It is unfortunate, however, that its relevance to reality does not look quite clear.
Mathematics Subject Classification ID: 91B50
zbMATH DE Number: 700858
zbMATH Keywords: equilibrium existence theorems
zbMATH Keywords: overlapping generation economies
zbMATH Keywords: inverse limit space of prices
reviewed by: Yasuhiro Sakai
MaRDI profile type: Publication
full work available at URL: 0304-4068(94)90018-3
OpenAlex ID: W1563400415
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Wikidata QID: Q127472559
description: scientific article; zbMATH DE number 700858