It is shown that the property that the equilibrium manifold keeps the memory of the individual demand functions holds true if every individual demand function satisfies the following three properties: 1) It is a function of commodity prices and of consumers income; 2) Consumption belongs to the nonnegative orthant of the commodity space; 3) Walras law. Neither differentiability nor continuity are necessary. In addition, the demand functions do not have to be utility maximizing subject to budget constraints
In this paper we consider strictly convex monotone continuous complete preorderings on R+n that are ...
We show that even under incomplete markets, the equilibrium manifold identifies aggregate demand and...
We study the existence of equilibrium price vector in a supply-demand model taking into account the ...
Dierker E, Dierker H, Trockel W. Continuous mean demand functions derived from non-convex preference...
Concavifiable preferences are representable by a function which is twice differentiable almost every...
With $L^{\infty}$ as the commodity space, the equilibrium price density is shown to be a continuous ...
In this paper we consider a class of pure exchange economies in which the consumption plans may be ...
We show that a demand function is derived from maximizing a quasilinear utility function subject to ...
We show that, even under incomplete markets, the equilibrium manifold identifies individual demands ...
In this paper we consider a class of pure exchange economies in which the consumption plans may be ...
We prove that locally, Walras' law and homogeneity characterize the structure of market excess deman...
Monteiro for pointing out some errors in an earlier version of this papcr. \Je are also indebted to ...
In this paper we propose the following conjecture: the equilibrium manifold E(r) is a minimal subman...
The purpose of this paper is to give a global characterization of excess demand functions in a two p...
We investigate the geometry of finite datasets defined by equilibrium prices, income distributions, ...
In this paper we consider strictly convex monotone continuous complete preorderings on R+n that are ...
We show that even under incomplete markets, the equilibrium manifold identifies aggregate demand and...
We study the existence of equilibrium price vector in a supply-demand model taking into account the ...
Dierker E, Dierker H, Trockel W. Continuous mean demand functions derived from non-convex preference...
Concavifiable preferences are representable by a function which is twice differentiable almost every...
With $L^{\infty}$ as the commodity space, the equilibrium price density is shown to be a continuous ...
In this paper we consider a class of pure exchange economies in which the consumption plans may be ...
We show that a demand function is derived from maximizing a quasilinear utility function subject to ...
We show that, even under incomplete markets, the equilibrium manifold identifies individual demands ...
In this paper we consider a class of pure exchange economies in which the consumption plans may be ...
We prove that locally, Walras' law and homogeneity characterize the structure of market excess deman...
Monteiro for pointing out some errors in an earlier version of this papcr. \Je are also indebted to ...
In this paper we propose the following conjecture: the equilibrium manifold E(r) is a minimal subman...
The purpose of this paper is to give a global characterization of excess demand functions in a two p...
We investigate the geometry of finite datasets defined by equilibrium prices, income distributions, ...
In this paper we consider strictly convex monotone continuous complete preorderings on R+n that are ...
We show that even under incomplete markets, the equilibrium manifold identifies aggregate demand and...
We study the existence of equilibrium price vector in a supply-demand model taking into account the ...