An index formula for production economies with externalities (Q2519065)
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scientific article; zbMATH DE number 5496925
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| English | An index formula for production economies with externalities |
scientific article; zbMATH DE number 5496925 |
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An index formula for production economies with externalities (English)
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22 January 2009
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The referred paper is devoted to the analysis of of equilibrium of an economy. Namely, it is shown that and how the degree of the equilibrium correspondence of an economy with increasing returns and external effects depends on the dimension of the space of goods. Significant consequences of that results regarding the existence, finiteness an uniqueness of the equilibrium are mentioned, as well.
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general equilibrium
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existence of equilibrium
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increasing references
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externalities
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degree theory
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degree of equilibrium correspondence
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0.8310406804084778
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0.8288308382034302
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0.7974945306777954
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0.7624560594558716
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0.7496663928031921
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