Economies with a Finite Set of Equilibria

From MaRDI portal
Publication:5668584

DOI10.2307/1909545zbMath0253.90009OpenAlexW3123834724WikidataQ56287120 ScholiaQ56287120MaRDI QIDQ5668584

Gerard Debreu

Publication date: 1970

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1909545



Related Items

Inequity-averse preferences in general equilibrium, Competitive equilibrium of incomplete markets for securities with smooth payoffs, Noncooperative general exchange with a continuum of traders: Two models, Indeterminacy in incomplete market economies, Incomplete markets and individual risks, Sunspots and incomplete financial markets: The general case, Constructing pure-exchange economies with many equilibria, GLOBAL IDENTIFICATION IN NONLINEAR MODELS WITH MOMENT RESTRICTIONS, Singularities, Walrasian Economies and Economic Crisis, From singularity theory to finiteness of Walrasian equilibria, A Complementary Pivot Algorithm for Market Equilibrium under Separable, Piecewise-Linear Concave Utilities, Genericity analysis on the pseudo-equilibrium manifold, Statistical equilibrium in one-step forward looking economic models, Equilibrium and optimality: some imprints of David Gale, Generic properties of the core and equilibria of pure exchange economies, The structure of the pseudo-equilibrium manifold in economies with incomplete markets, Remarks on criticality and crisis in pure exchange economies, On multiple equilibria and the rational expectations hypothesis, The structure of Nash equilibria in Poisson games, Generic finiteness of equilibrium outcome distributions for sender-receiver cheap-talk games, Smooth infinite economies, Sunspots and the sequential regularity of competitive equilibria, Fundamental non-convexity and externalities: a differentiable approach, The generalized Morse-Sard theorem, Equilibrium analysis of the infinite horizon model with smooth discounted utility functions, Necessary and sufficient conditions for determinacy of asymptotically stationary equilibria in OLG models, Equilibrium selection under changes in endowments: a geometric approach, Money-metrics in local welfare analysis: Pareto improvements and equity considerations, Regular economies with non-ordered preferences., Supermajority politics: equilibrium range, policy diversity, utilitarian welfare, and political compromise, Decentralizability of efficient allocations with heterogeneous forecasts, The evolution of monetary equilibrium, Unhedgeable shocks and statistical economic equilibrium, Derivational robustness, credible substitute systems and mathematical economic models: the case of stability analysis in Walrasian general equilibrium theory, Emergence of price-taking behavior, Essential properties of \(L_{p,q}\) spaces (the amalgams) and the implicit function theorem for equilibrium analysis in continuous time, Anchoring expectations of inflation, Testing for a unique equilibrium in applied general equilibrium models, Determinacy of equilibria in nonsmooth economies, Unnamed Item, Radner's cost-benefit analysis in the small: an equivalence result, Irrelevance of private information in two-period economies with more goods than states of nature, Testable restrictions on the equilibrium manifold under random preferences., Special issue: Athens-Minnesota conference. Selected papers from the CEME-NBER conference, Minnesota, MN, USA, May 10--12, 2002 and the European workshop in general equilibrium, Athens, Greece, May 17--18, 2002., Discreteness of equilibria in incomplete markets with a continuum of states, On Lipschitz implicit function theorems in Banach spaces and applications, Coalitions and Catastrophic Climate Change, Power method tâtonnements for Cobb-Douglas economies, Generalized Nash equilibrium problems, Competitive insurance markets with unbounded cost, Introduction to intertemporal equilibrium theory: Indeterminacy, bifurcations, and stability, Generalized Nash equilibrium problems, Oddness of the number of equilibrium points: a new proof, Equilibria without the survival assumption, Anything goes with heterogeneous, but not always with homogeneous oligopoly, Equilibrium in incomplete markets with differential information: a basic model of generic existence, Smooth indifference sets, Competitive equilibrium:walras meets darwin, Endowment-regarding preferences, General equilibrium without utility functions: how far to go?, ECONOMIC GENERALITY VERSUS MATHEMATICAL GENERICITY: ACTIVITY‐LEVEL INDETERMINACY AND THE INDEX THEOREM IN CONSTANT RETURNS PRODUCTION ECONOMIES, General consumption constraints and regular economies, Voluntary contributions to multiple public goods in a production economy with widespread externalities, Regular public good economies, Existence of a Pareto-optimal equilibrium in nearly-stationary overlapping-generations economies, Economies with price-dependent preferences., Self-fulfilling equilibria: An existence theorem for a general state space, Generic regularity of differentiated product oligopolies, Comparing recursive equilibrium in economies with dynamic complementarities and indeterminacy, Transaction costs and a redundant security: Divergence of individual and social relevance, Determinacy of equilibrium in large-scale economies, Absolutely continuous constrained maximizers, Offer curves and uniqueness of competitive equilibrium, Games with randomly disturbed payoffs: a new rationale for mixed-strategy equilibrium points, Unnamed Item, On the existence and convergence of price equilibria for random economies., Random economies with many interacting agents, On the number of currencies needed to implement the complete asset market allocation, A continuity property for local price adjustment mechanisms, The structure of the set of critical equilibria with incomplete markets, Definable utility in o-minimal structures., Minimal essential sets and essential components of the equilibria of production economies, Increasing outer risk, Increasing complexity in structurally stable models: an application to a pure exchange economy, The number and type of long-term equilibria, On stable outcomes of approval, plurality, and negative plurality games, Generic properties of the complementarity problem, An algebraic index theorem for non-smooth economies, Two-period economies with price-contingent deliveries, Regular nonsmooth equations, The expectational stability of Walrasian equilibria, Equilibrium in incomplete markets. I: A basic model of generic existence, Markov rational expectations equilibria in an overlapping generations model, A market game with symmetric limit orders, Equilibrium in incomplete markets. II: Generic existence in stochastic economies, Stability and instability in oligopoly, On the orientability of the asset equilibrium manifold, Catastrophe theory: An application to a business cycle model, The indeterminacy of equilibrium city formation under monopolistic competition and increasing returns, Portfolio choice, exchange rates, and indeterminacy, On competitive cycles in productive economies, Constrained consumptions, Lipschitzian demands, and regular economies, Applications of Thom's transversality theory and Brouwer degree theory to economics, An equivalence theorem for a bargaining set, On the frequency of the transfer paradox, Perfect competition in the continuous assignment model, Do sunspots matter when agents are Choquet-expected-utility maximizers?, Efficient sets are small, A geometric approach to equilibrium analysis, On the uniqueness of local equilibria, Markov perfect equilibria in repeated asynchronous choice games, Equilibrium theory in Veblen-Scitovsky economies, On the uniqueness theorems by Arrow and Hahn, Continuous economies with a finite set of equilibria, The limit points of monopolistic competition, Nice demand functions. II, Introduction to general equilibrium, On the generic existence of Radner equilibria when there are as many securities as states of nature, Number and definiteness of economic equilibria, Nash equilibria of market games: Finiteness and inefficiency, Utility perturbations and the equilibrium price set, Indeterminacy of stationary equilibrium in stochastic overlapping generations models, Characterisation of generically complete real asset structures, Solving systems of simultaneous equations in economics, An introduction to general equilibrium with incomplete asset markets, Existence of equilibrium with incomplete markets, On dual regularity and value convergence theorems, Sharing risk and ambiguity, Some quasi-globally stable processes of price adjustment, The generic existence of rational expectations equilibrium in the higher dimensional case, On the existence of rational expectations equilibrium, Regular production economies, Pareto improving taxes, Generic determinacy and money non-neutrality of international monetary equilibria, A remark on compatibility of some planning objectives, Note on the equal split solution in an \(n\)-person noncooperative bargaining game, Competitive outcomes and the inner core of NTU market games, An extension of the Sard-Smale theorem to convex domains with an empty interior, Convex analysis and financial equilibrium, On the effective content of asymptotic verifications of Edgeworth's Conjecture, Multilateral negotiations and formation of coalitions, Wealth concerns and equilibrium, Regular economies with ambiguity aversion, Pareto optima, welfare weights, and smooth equilibrium analysis, General economic equilibrium with financial markets and retainability, Structure of the equilibria set of a production economy, The set of regular equilibria, Real effects of money in general equilibrium, The questionnaire topology on some spaces of economic preferences, Continuity of equilibria in exchange economies, A stochastic bargaining process for \(n\)-person games, Private ownership economies with a finite number of equilibria, The equilibrium set of economies with a continuous consumption space, The rate of convergence of the core of an economy, Local strict envy-freeness in large economies, Some results on uniqueness and on stability of equilibrium in general equilibrium theory, On persistent disequilibrium, Global analysis and economics. II: Extension of a theorem of Debreu, Global analysis and economics. IV: Finiteness and stability of equilibria with general consumption sets and production, The tracing procedure: A Bayesian approach to defining a solution for n- person noncooperative games, Equilibria and core of large economies, Structural stability for dynamical economic models, On the continuity of equilibrium prices in constant-returns production economies, Global analysis and economics. VI: Geometric analysis of Pareto optima and price equilibria under classical hypotheses, Properties of critical points and operators in economics, A convergent process of price adjustment and global Newton methods, Direct perturbations of aggregate excess demand, On the equilibrium price set of an exchange economy, Competitive and value allocations of large exchange economies, On the structure of the set of fixed price equilibria, Walrasian social orderings in exchange economies, Boundary behavior of supply. A continuity property of the maximizing correspondence, Market crashes, speculation and learning in financial markets, Indivisible commodities and general equilibrium theory, Economies with a finite but large number of equilibria, Equilibrium analysis and envelope theory, Regular competitive equilibria in disequilibrium economics, Prices, asset markets and indeterminacy, Monotonicity of equilibrium prices with respect to aggregate resources, The rise and fall of catastrophe theory applications in economics: was the baby thrown out with the bathwater?, A note on the finiteness of the set of equilibria in an exchange economy with constrained endowments, Efficient incentive compatible economies are perfectly competitive, Generalized dynamic model of a system moving in an external field with stochastic components, Walrasian equilibria as limits of noncooperative equilibria. I: Mixed strategies, The system stability of dynamic processes, Regularity in overlapping generations exchange economies, Intertemporally separable, overlapping-generations economies, A benchmark for comparative dynamics and determinacy in overlapping- generations economies, Existence of equilibrium for Walrasian endowment games, Regular economies and sets of measure zero in Banach spaces, Learnig rational expectations: The finite state case