Equilibrium in economies with infinitely many consumers and infinitely many commodities (Q1106071)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Equilibrium in economies with infinitely many consumers and infinitely many commodities |
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Equilibrium in economies with infinitely many consumers and infinitely many commodities (English)
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1988
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The authors present results on the existence of equilibrium and properties of Pareto optimal allocations in an exchange economy with a countable infinity of agents and with \(L^{\infty}\) as the commodity space. The paper builds, in particular, on earlier work of Bewley and Mas-Colell.
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Mackey upper semi-continuous
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quasi-equilibrium
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existence of equilibrium
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Pareto optimal allocations
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exchange economy
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countable infinity of agents
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