Arrow-Hahn economic models with weakened conditions of continuity

• Autorzy: Inese Bula , Dace Rika
• Języki publikacji: EN

Abstrakty

EN

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.

Kategorie tematyczne

• 26A15: Continuity and related questions (modulus of continuity, semicontinuity, discontinuities, etc.)
• 91B50: General equilibrium theory

• Wydawca: Institute of Mathematics Polish Academy of Sciences
• Czasopismo: Banach Center Publications
• Rocznik: 2006
• Tom: 71
• Numer: 1
• Strony: 47-61

Daty

wydano

2006

Twórcy

autor

Inese Bula

• Department of Mathematics, University of Latvia, Rainis boulv. 19, Rīga, LV-1586, Latvia

autor

Dace Rika

• Department of Mathematics, University of Latvia, Rainis boulv. 19, Rīga, LV-1586, Latvia

Identyfikatory

DOI

10.4064/bc71-0-4