The paper is devoted to applications of modern tools of variational analysis to equilibrium models of welfare economics involving nonconvex economies with infinite-dimensional commodity spaces. The main results relate to generalized/ extended second welfare theorems ensuring an equilibrium price support at Pareto optimal allocations. Based on advanced tools of generalized differentiation, we establish refined results of this type with the novel usage of nonlinear prices at the three types to optimal allocations: weak Pareto, Pareto, and strong Pareto. The usage of nonlinear (vs. standard linear) prices allow us to decentralized price equilibria in fully nonconvex models similarly to linear prices in the classical Arrow-Debreu convex model o...
We introduce the notion of an antichain-convex set to extend Debreu (1954)’s version of the second w...
The price of a good is said to be nonlinear if the unit price not is constant but depends on some as...
We introduce the notion of an antichain-convex set to extend Debreu (1954)'s version of the second w...
Abstract. The paper is devoted to applications of modern tools of variational analysis to equilibriu...
The paper is devoted to applications of modern variational analysis to the study of Pareto (as well ...
This paper is devoted to the study of nonconvex models of welfare economics with public goods and in...
International audienceCompendious and thorough solutions to the existence of a linear price equilibr...
International audienceIn this paper, we prove a new version of the Second Welfare Theorem for econom...
Abstract. In this paper, we prove a new version of the Second Welfare Theorem for nonconvex economie...
Abstract. Mathematical economics has a long history and covers many interdis-ciplinary areas between...
We study competitive economy equilibrium computation. We show that, for the first time, the equilibr...
AbstractWe present approximate versions of the second fundamental theorem of welfare economics in th...
International audienceIn this paper, we report an extension of the second welfare theorem when both ...
We introduce the notion of an antichain-convex set to extend Debreu (1954)’s version of the second w...
The price of a good is said to be nonlinear if the unit price not is constant but depends on some as...
We introduce the notion of an antichain-convex set to extend Debreu (1954)'s version of the second w...
Abstract. The paper is devoted to applications of modern tools of variational analysis to equilibriu...
The paper is devoted to applications of modern variational analysis to the study of Pareto (as well ...
This paper is devoted to the study of nonconvex models of welfare economics with public goods and in...
International audienceCompendious and thorough solutions to the existence of a linear price equilibr...
International audienceIn this paper, we prove a new version of the Second Welfare Theorem for econom...
Abstract. In this paper, we prove a new version of the Second Welfare Theorem for nonconvex economie...
Abstract. Mathematical economics has a long history and covers many interdis-ciplinary areas between...
We study competitive economy equilibrium computation. We show that, for the first time, the equilibr...
AbstractWe present approximate versions of the second fundamental theorem of welfare economics in th...
International audienceIn this paper, we report an extension of the second welfare theorem when both ...
We introduce the notion of an antichain-convex set to extend Debreu (1954)’s version of the second w...
The price of a good is said to be nonlinear if the unit price not is constant but depends on some as...
We introduce the notion of an antichain-convex set to extend Debreu (1954)'s version of the second w...