Let E(r) be the equilibrium manifold associated to a smooth pure exchange economy with fixed total resources r. Balasko (1980) has shown that if the equilibrium price is unique for every economy, then the price is constant, hence the curvature of E(r) is zero. By endowing E(r) with the metric induced from its ambient space, we show that, in the case of two commodities and an arbitrary number of agents, if the curvature of E(r) is zero then there is a unique equilibrium for every economy. Hence the zero curvature condition is sufficient to guarantee the uniqueness of equilibrium
Consider a pure exchange conomy composed of a finite number of traders with strictly positive initia...
In this paper we consider a class of pure exchange economies in which the consumption plans may be ...
Concavifiable preferences are representable by a function which is twice differentiable almost every...
Let E(r) be the equilibrium manifold associated to a smooth pure exchange economy with fixed total r...
In this paper we propose the following conjecture: the equilibrium manifold E(r) is a minimal subman...
In a pure exchange economy, we definie a new concept of local equilibria where the consumers are res...
Our concern in this paper is to obtain conditions for the uniqueness of equilibria, with, commodity ...
In this paper we consider a class of pure exchange economies in which the consumption plans may be ...
Monteiro for pointing out some errors in an earlier version of this papcr. \Je are also indebted to ...
We study the problem of finding necessary and sufficient conditions that guarantee global uniqueness...
International audienceThe purpose of this paper is to study the continuity and uniqueness properties...
URL des Documents de travail : http://ces.univ-paris1.fr/cesdp/CESFramDP2008.htm Version révisée en ...
On uniqueness of equilibrium for complete markets with infinitely many goods and in finance models
In a pure exchange smooth economy with fixed total resources, we construct a Riemannian metric on th...
Consider a pure exchange conomy composed of a finite number of traders with strictly positive initia...
In this paper we consider a class of pure exchange economies in which the consumption plans may be ...
Concavifiable preferences are representable by a function which is twice differentiable almost every...
Let E(r) be the equilibrium manifold associated to a smooth pure exchange economy with fixed total r...
In this paper we propose the following conjecture: the equilibrium manifold E(r) is a minimal subman...
In a pure exchange economy, we definie a new concept of local equilibria where the consumers are res...
Our concern in this paper is to obtain conditions for the uniqueness of equilibria, with, commodity ...
In this paper we consider a class of pure exchange economies in which the consumption plans may be ...
Monteiro for pointing out some errors in an earlier version of this papcr. \Je are also indebted to ...
We study the problem of finding necessary and sufficient conditions that guarantee global uniqueness...
International audienceThe purpose of this paper is to study the continuity and uniqueness properties...
URL des Documents de travail : http://ces.univ-paris1.fr/cesdp/CESFramDP2008.htm Version révisée en ...
On uniqueness of equilibrium for complete markets with infinitely many goods and in finance models
In a pure exchange smooth economy with fixed total resources, we construct a Riemannian metric on th...
Consider a pure exchange conomy composed of a finite number of traders with strictly positive initia...
In this paper we consider a class of pure exchange economies in which the consumption plans may be ...
Concavifiable preferences are representable by a function which is twice differentiable almost every...