Equilibrium theory with a measure space of possibly satiated consumers.
type: Item
instance of: scholarly article
title: Equilibrium theory with a measure space of possibly satiated consumers.
zbMATH Open document ID: 1044.91027
DOI: 10.1016/S0304-4068(03)00052-1
author: Bernard Cornet
author: Mihaela Topuzu
author: Ayşegül Yildiz
published in: Journal of Mathematical Economics
publication date: 2003-07-29T00:00:00Z
review text: The referred paper contributes to the generalization of the concept of Walras equilibrium. It is known that such equilibria may not exist for possibly satiated consumers' preferences, and that there exist several attempts to weaken the basic concepts of the theory in order to overcome that discrepancy. The paper deals with an economy over a measure space of consumers which generalizes the classical model. The main result on the existence of equilibria for its various existing modifications extends the existence theorems known from the literature.
Mathematics Subject Classification ID: 91B52
Mathematics Subject Classification ID: 91B54
zbMATH DE Number: 1956169
zbMATH Keywords: Walras equilibrium
zbMATH Keywords: consumer
zbMATH Keywords: preferences
zbMATH Keywords: market economy
zbMATH Keywords: excess demand
zbMATH Keywords: equilibrium with slack
zbMATH Keywords: Fatou's lemma
reviewed by: Milan Mareš
MaRDI profile type: Publication
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full work available at URL: s0304-4068(03)00052-1
OpenAlex ID: W2072199322
description: scientific article; zbMATH DE number 1956169