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Existence of Equilibria in Finitely Additive Nonatomic Coalition Production Economies

  • A. de Simone
Veröffentlicht/Copyright: 4. Juni 2010

Abstract

The existence of a Walras equilibrium is proved in the framework of a finitely economy with production. The theorem assumes the production set correspondence to be closed–valued and absolutely continuous with respect to the “weighting” finitely additive measure. The result is obtained by using the Kakutani's fixed point theorem and some convergence results stated for multifunctions.

Received: 1996-11-21
Revised: 1997-05-14
Published Online: 2010-06-04
Published in Print: 1997-December

©Heldermann Verlag

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