A new approach to the existence of equilibria in vector lattices (Q2276857)

From MaRDI portal
Revision as of 12:46, 2 August 2023 by Importer (talk | contribs) (‎Created a new Item)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
scientific article
Language Label Description Also known as
English
A new approach to the existence of equilibria in vector lattices
scientific article

    Statements

    A new approach to the existence of equilibria in vector lattices (English)
    0 references
    0 references
    0 references
    1991
    0 references
    This paper is concerned with the existence of a general equilibrium in an economy whose commodity space is a vector lattice. The authors aim at an existence theorem free from the requirement that the topology of the commodity space be locally solid (i.e., continuity of the lattice operations). They still require, however, that the price space itself be a lattice. The novelty of their proof of the existence theorem is that the argument is entirely disaggregated (i.e., upper contour sets are never added up).
    0 references
    exchange economy
    0 references
    existence of a general equilibrium
    0 references
    vector lattice
    0 references

    Identifiers