176 research outputs found

    Implications of Microeconomic Theory for Community Excess Demand Functions

    Get PDF
    A series of results, related to Sonnenschein’s conjecture that Walras’ Law is the only significant restriction microeconomic theory imposes on community demand and excess demand functions are surveyed and extended. These results have important implications for general equilibrium theory, both in questions of existence and stability, and for empirical work

    The Linear Exchange Model and Induced Welfare Optima

    Get PDF

    Market Induced Welfare Optima

    Get PDF

    Market Induced Welfare Optima

    Get PDF
    corecore