On the existence of Lindahl equilibria in economies with a measure space of non-transitive consumers (Q1068679)

A private-ownership economy \({\mathcal E}=\{(T,{\mathcal T},\mu),X,P,e,(Y^ j,\theta^ j)^ F_{j=1}\}\) with n (finite) private goods and \(\ell\) (finite) public goods is studied. Here, (T,\({\mathcal T},\mu)\) is a probability space of consumers, \(X_ g\) (\(\subset {\mathfrak R}_+^{\ell})\) is the public-good consumption set (common to each \(t\in T)\), \(X_{\pi}:T\to {\mathfrak R}^ n_+\) is a measurable correspondence which assigns to each t his private-good consumption set \(X_{\pi}(t)\), P:T\(\to {\mathfrak R}^{n+\ell}\times {\mathfrak R}^{n+\ell}\) is a measurable correspondence which assigns to each t his (possibly nontransitive) preference relation \(\gtrsim_ t\) on \(X(t):=X_{\pi}(t)\times X_ g\), \(e\in L_ 1(\mu,X_{\pi})\) is a measurable map of initial endowments such that \(\int_{T}e(t)\mu (dt)>>{\mathfrak O}\), for each of F (finite) producers j, \(Y^ j\) (\(\subset {\mathfrak R}^{n+\ell})\) is the production set, \(\theta^ j\in L^+_ 1(\mu)\) is the relative shares (so that \(\int_{T}\theta^ j(t)\mu (dt)=1)\). A Lindahl equilibrium of \({\mathcal E}\) is given as a quintuple \((x_{\pi},x_ g,(y^ j)^ F_{j=1},p,\delta)\) of a consumption plan for private goods \(x_{\pi}\in L_ 1(\mu,X_{\pi})\), a public-good vector \(x_ g\in X_ g\), a production plan \(y^ j\in Y^ j\) for each producer \(j=1,...,F\), a price system \((p_{\pi},p_ g)\in \Delta^{n+\ell -1}\), and a system of Lindahl shares \(\delta \in L_ 1(\mu,{\mathfrak R}^{\ell})\) such that \(\int_{T}\delta_ i(t)\mu (dt)=1\) for each \(i=1,...,\ell\) and satisfying (i) \(\mu\)-a.e. in T, \((x_{\pi}(t),x_ g)\) is a maximal element (with respect to \(\gtrsim_ t)\) of the budget set \(\{\) \(x\in X(t)|\) \(p_{\pi}\cdot x_{\pi}(t)+\sum^{F}_{j=1}\theta^ j(t)\times \max (p\cdot Y^ j)\};\) (ii) for all \(j=1,...,F\), \(p\cdot y^ j=\max (p\cdot Y^ j)\); and (iii) \((\int_{T}x_{\pi}(t)\mu (dt),x_ g)=\sum^{F}_{j=1}y^ j+(\int_{T}e(t)\mu (dt),{\mathfrak O}).\) A Lindahl equilibrium existence theorem is established in this paper, which substantially generalizes all the earlier results in this literature.