Existence of marginal pricing equilibria in economies with externalities and non-convexities
type: Item
instance of: scholarly article
title: Existence of marginal pricing equilibria in economies with externalities and non-convexities
zbMATH Open document ID: 1012.91031
DOI: 10.1016/S0304-4068(01)00077-5
author: Jean-Marc Bonnisseau
author: Jean-Philippe Médecin
published in: Journal of Mathematical Economics
publication date: 2002-06-24T00:00:00Z
review text: A general equilibrium model with externalities and non-convex production sector is considered and the existence of a general equilibrium under certain assumptions is proved. It is assumed that the behaviour of the producers is given by the marginal pricing rule, which generalizes the pricing rule used in the model without externality. The results of the paper encompasse the existence results with non-convex production sector without externality and those with externality and convex conditional production sets.
reviewed by: Algimantas Slivinskas
Mathematics Subject Classification ID: 91B50
Mathematics Subject Classification ID: 91B24
zbMATH DE Number: 1758549
zbMATH Keywords: general equilibrium
zbMATH Keywords: external effect
MaRDI profile type: Publication
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description: scientific article; zbMATH DE number 1758549