Arrow-Hahn economic models with weakened conditions of continuity

Inese Bula; Dace Rika

Banach Center Publications (2006)

  • Volume: 71, Issue: 1, page 47-61
  • ISSN: 0137-6934

Abstract

top
In this article we give descriptions of some economic models that are based on Arrow-Hahn economic model. Finally we consider a model with two major assumptions: first, there is discontinuous excess demand function and, second, if price goes to zero, then it is possible that excess demand may approach infinity. For this last new economic model the existence of quasi-equilibrium is proved.

How to cite

top

Inese Bula, and Dace Rika. "Arrow-Hahn economic models with weakened conditions of continuity." Banach Center Publications 71.1 (2006): 47-61. <http://eudml.org/doc/282051>.

@article{IneseBula2006,
abstract = {In this article we give descriptions of some economic models that are based on Arrow-Hahn economic model. Finally we consider a model with two major assumptions: first, there is discontinuous excess demand function and, second, if price goes to zero, then it is possible that excess demand may approach infinity. For this last new economic model the existence of quasi-equilibrium is proved.},
author = {Inese Bula, Dace Rika},
journal = {Banach Center Publications},
keywords = {quasi-equilibrium; discontinuous excess demand function},
language = {eng},
number = {1},
pages = {47-61},
title = {Arrow-Hahn economic models with weakened conditions of continuity},
url = {http://eudml.org/doc/282051},
volume = {71},
year = {2006},
}

TY - JOUR
AU - Inese Bula
AU - Dace Rika
TI - Arrow-Hahn economic models with weakened conditions of continuity
JO - Banach Center Publications
PY - 2006
VL - 71
IS - 1
SP - 47
EP - 61
AB - In this article we give descriptions of some economic models that are based on Arrow-Hahn economic model. Finally we consider a model with two major assumptions: first, there is discontinuous excess demand function and, second, if price goes to zero, then it is possible that excess demand may approach infinity. For this last new economic model the existence of quasi-equilibrium is proved.
LA - eng
KW - quasi-equilibrium; discontinuous excess demand function
UR - http://eudml.org/doc/282051
ER -

NotesEmbed ?

top

You must be logged in to post comments.