Edgeworth Equilibria in Production Economies

Charalambos Aliprantis, Donald Brown () and Owen Burkinshaw
Additional contact information
Charalambos Aliprantis: Purdue University
Owen Burkinshaw: Purdue University

No 784, Cowles Foundation Discussion Papers from Cowles Foundation for Research in Economics, Yale University

Abstract: An Edgeworth equilibrium is an allocation that belongs to the core of every n-fold replica of the economy. In [2] we studied in the setting of Riesz spaces the properties of Edgeworth equilibria for pure exchange economies with infinite dimensional commodity spaces. In this work, we study the same problem for economies with production. Under some relatively mild conditions we establish (among other things) that: 1. Edgeworth equilibria exist; 2. Every Edgeworth equilibrium is a quasiequilibrium; and 3. An allocation is an Edgeworth equilibrium if and only if it can be "decentralized" by a price system.

Keywords: Edgeworth equilibrium; Riesz spaces; production economies (search for similar items in EconPapers)
Pages: 42 pages
Date: 1986-03
Note: CFP 700.
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Journal of Economic Theory (December 1987), 43(2): 252-291

Downloads: (external link)
https://cowles.yale.edu/sites/default/files/files/pub/d07/d0784.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

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:cwl:cwldpp:784

Ordering information: This working paper can be ordered from
Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA
The price is None.

Access Statistics for this paper

More papers in Cowles Foundation Discussion Papers from Cowles Foundation for Research in Economics, Yale University Yale University, Box 208281, New Haven, CT 06520-8281 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Brittany Ladd ().