Externalities, consumption constraints and regular economies

Jean-Marc Bonnisseau and Elena del Mercato

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: We consider a general model of pure exchange economies with consumption externalities. Households may have different consumption sets and each consumption set is described by a function called possibility function. Utility and possibility functions depend on the consumptions of all households. Showing by means of an example that basic assumptions are not enough to guarantee generic regularity, we provide sufficient conditions for generic regularity in the space of endowments and possibility functions.

Keywords: regular economies; Externalities; consumption constraints; competitive equilibrium; Externalités; contraintes sur la consommation; équilibre compétitif (search for similar items in EconPapers)
Date: 2008-02
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00257731v2
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Published in 2008

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Related works:
Journal Article: Externalities, consumption constraints and regular economies (2010)
Working Paper: Externalities, consumption constraints and regular economies (2010)
Working Paper: Externalities, consumption constraints and regular economies (2010)
Working Paper: Externalities, consumption constraints and regular economies (2010)
Working Paper: Externalities, consumption constraints and regular economies (2009)
Working Paper: Externalities, Consumption Constraints and Regular Economies (2009)
Working Paper: Externalities, consumption constraints and regular economies (2008)
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