Titlebook: Existence and Optimality of Competitive Equilibria; Charalambos D. Aliprantis,Donald J. Brown,Owen Bur Textbook 1989 Springer-Verlag Berli

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of commodities constitutes the core material of this book and begins in chapter three. Readers fa- miliar with the Walrasian general equilibrium model as exposited in (13], [23] or [52] may treat chapter one as a handy reference for the main economic concepts and notions that are used throughout the book.978-3-662-21893-8

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Existence and Optimality of Competitive Equilibria

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Charalambos D. Aliprantis,Donald J. Brown,Owen Bur

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Existence and Optimality of Competitive Equilibria978-3-662-21893-8

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https://doi.org/10.1057/9781137451057One of the two central paradigms in modern general equilibrium theory is the Wal-rasian general equilibrium model of an economy with a finite number of commodities and a finite number of households and firms, as formulated by K. J. Arrow and G. Debreu [12].

persistence

J. I. Hormaza,H. Yamane,J. RodrigoWe have defined commodities as physical goods which may differ in the location or time at which they are produced or consumed, or in the state of the world in which they become available. If we allow an infinite variation in any of these contingencies, then we are naturally led to consider economies with infinitely many commodities.

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