Equilibrium with restriction on exchange (Q1406308)
From MaRDI portal
!
This is the item page for this Wikibase entity, intended for internal use and editing purposes. Please use the normal view instead:
scientific article; zbMATH DE number 1978176
| Language | Label | Description | Also known as |
|---|---|---|---|
| default for all languages | No label defined |
||
| English | Equilibrium with restriction on exchange |
scientific article; zbMATH DE number 1978176 |
Statements
Equilibrium with restriction on exchange (English)
0 references
9 September 2003
0 references
The paper deals with the general equilibrium in the markets with restricted exchange. In such markets the type of the realizable equilibrium becomes a significant component of the model. The one suggested in the paper is based on the concept of superlinear connections. The attention is focused on the introduction of unified scheme describing the proposed equilibrium, on the specification of very weak assumptions under which the equilibrium prices are not equal to zero, and on the choice of budget functions that guarantee the existence of the considered equilibrium.
0 references
market
0 references
general economic equilibrium
0 references
restricted exchange
0 references
restriction
0 references
superlinear mapping
0 references
fixed prices
0 references
equilibrium prices
0 references
budget function
0 references
0.844109058380127
0 references
0.7916739583015442
0 references
0.7646504640579224
0 references
