The number of equilibria of smooth infinite economies

Enrique Covarrubias

Journal of Mathematical Economics, 2013, vol. 49, issue 4, 263-265

Abstract: We construct an index theorem for smooth infinite economies that shows that generically the number of equilibria is odd. As a corollary, this gives a new proof of existence and gives conditions that guarantee global uniqueness of equilibria.

Keywords: Uniqueness; Infinite economy; Index theorem; Z-Rothe vector field (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: The Number of Equilibria of Smooth Infinite Economies (2011)
Working Paper: The number of equilibria of smooth infinite economies with separable utilities (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:49:y:2013:i:4:p:263-265

DOI: 10.1016/j.jmateco.2013.03.003

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