The limit theorem on the core of a production economy in vector lattices with unordered preferences

Rabee Tourky
Additional contact information
Rabee Tourky: Department of Economics, University of Melbourne, Gratton Street, Parkville, Victoria 3052,Australia

Economic Theory, 1999, vol. 14, issue 1, 219-226

Abstract: We prove Aliprantis, Brown, and Burkinshaw's (1987) theorem on the equivalence of Edgeworth production equilibria and pseudo-equilibria in a more general setting. We consider production economies with unordered preferences and general consumption sets in a vector lattice commodity space. We adapt the approach of Mas-Colell and Richard (1991) and prove our theorem by applying a separating hyperplane argument in the space of all allocations. We also generalize Podczeck's (1996) important result on the relationship between continuous and discontinuous equilibrium prices to the case of production.

Keywords: Riesz; space; ·; Vector; lattice; ·; Uniform; properness; ·; Limit; theorem; on; the; core; ·; Production; economy. (search for similar items in EconPapers)
Date: 1999-07-08
Note: Received: April 18, 1997; revised version: February 6, 1998
References: Add references at CitEc
Citations: View citations in EconPapers (17)

Downloads: (external link)
http://link.springer.de/link/service/journals/00199/papers/9014001/90140219.pdf (application/pdf)
Access to the full text of the articles in this series is restricted

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:joecth:v:14:y:1999:i:1:p:219-226

Ordering information: This journal article can be ordered from
http://www.springer. ... eory/journal/199/PS2

Access Statistics for this article

Economic Theory is currently edited by Nichoals Yanneils

More articles in Economic Theory from Springer, Society for the Advancement of Economic Theory (SAET) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().