A remark on uniqueness of fix-price equilibria in an economy with production

Hubert Stahn

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Abstract: Schulz's assumptions leading to uniqueness of fix-price equilibria cannot be readily generalized to economies with production.In such a setting, the effective demand of a consumer not only reacts to changes in the perceived constraints but also to a modification of the realized profit levels

Date: 1993
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Published in Journal of Mathematical Economics, 1993, 22 (5), pp.421-430. ⟨10.1016/0304-4068(93)90034-I⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05078104

DOI: 10.1016/0304-4068(93)90034-I

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