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Author Bonnisseau, Jean-Marc ♦ Jamin, Alexandrine
Source Hyper Articles en Ligne (HAL)
Content type Text
File Format PDF
Language English
Subject Keyword free disposal ♦ General economic equilibrium ♦ increasing returns ♦ general pricing rules ♦ bounded losses ♦ marginal pricing rule ♦ free disposal. ♦ Equilibre général ♦ rendements d'échelle croissants ♦ libre disposition des excédents ♦ hypothèse de survivance ♦ pertes bornées. ♦ shs ♦ Humanities and Social Sciences/Economies and finances
Abstract This paper deals with the existence of marginal pricing equilibria or equilibria with general pricing rules in an economy with increasing returns to scale or more general types of non convexities in production. Its main contribution is to posit the bounded loss and survival assumptions on a bounded subset of production allocations. Furthermore, the free-disposal assumption is weaken, which allows to consider non positive prices. Finally, we also provide an existence result for a quasi-equilibria, when the survival assumption is weaken on the attainable allocations.
ISSN 16240340
Educational Use Research
Learning Resource Type Article
Publisher Date 2005-06-01