Exterior Differential Calculus and Aggregation Theory: A Presentation and Some New Results
Pierre Chiappori and
I. Ekeland
DELTA Working Papers from DELTA (Ecole normale supérieure)
Abstract:
In many economic contexts, a given function can be disaggregated as a linear combination of gradients. Examples include the literature on the characterization of aggregate demand and excess demand, as initiated by Sonnenschein (1973ab), and the model of efficient household behaviour recently proposed by Browning and Chiappori (1994). We show that exterior differential calculus provides very useful tools to address these problems.
Keywords: MATHEMATICS; HOUSEHOLD (search for similar items in EconPapers)
JEL-codes: C00 D10 (search for similar items in EconPapers)
Pages: 49 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:del:abcdef:96-08
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