Regular Economies

2013 ◽  
Author(s):  
Egbert Dierker
Keyword(s):  
Regular Economies

scholarly journals Regular Infinite Economies

2010 ◽  
Vol 10 (1) ◽  
Author(s):  
Enrique Covarrubias
Keyword(s):  
Demand Function ◽  
Excess Demand ◽  
Natural Projection ◽  
Banach Manifold ◽  
Equilibrium Manifold ◽  
Equilibrium Set ◽  
Regular Economies

The main contribution of this paper is to place smooth infinite economies in the setting of the equilibrium manifold and the natural projection map à la Balasko. We show that smooth infinite economies have an equilibrium set that has the structure of a Banach manifold and that the natural projection map is smooth. We define regular and critical economies, and regular and critical prices, and we show that the set of regular economies coincides with the set of economies whose excess demand function has only regular prices. Generic determinacy of equilibria follows as a by-product.

scholarly journals Externalities, consumption constraints and regular economies

2009 ◽  
Vol 44 (1) ◽  
pp. 123-147 ◽  
Author(s):  
Jean-Marc Bonnisseau ◽  
Elena L. del Mercato
Keyword(s):  
Regular Economies ◽  
Consumption Constraints
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