Published January 1983
| Version Submitted
Working Paper
Open
On Equilibria of Excess Demand Correspondences
Creators
Abstract
A new lemma on the existence of maximal elements of binary relations is proved and applied to a revealed preference relation on price vectors. The resulting maximal elements are equilibrium prices. This technique allows one to generalize results of Aliprantis and Brown [1982], Neuefeind [1980], and Geistdoerfer-Florenzano [1982].
Additional Information
Revised. Original dated to September 1982. I have benefited greatly from the comments of Don Brown and Ed Green.Attached Files
Submitted - sswp460_-_revised.pdf
Files
sswp460_-_revised.pdf
Files
(441.0 kB)
| Name | Size | Download all |
|---|---|---|
|
md5:473de9e99c09df7a54e2ea3e35325d47
|
441.0 kB | Preview Download |
Additional details
Identifiers
- Eprint ID
- 81844
- Resolver ID
- CaltechAUTHORS:20170926-135446678
Dates
- Created
-
2017-09-26Created from EPrint's datestamp field
- Updated
-
2019-10-03Created from EPrint's last_modified field
Caltech Custom Metadata
- Caltech groups
- Social Science Working Papers
- Series Name
- Social Science Working Paper
- Series Volume or Issue Number
- 460