Equilibria with increasing returns: sufficient conditions on bounded production allocations

Jean-Marc Bonnisseau and Alexandrine Jamin ()
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Alexandrine Jamin: CERMSEM - CEntre de Recherche en Mathématiques, Statistique et Économie Mathématique - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique

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Abstract: This paper deals with the existence of marginal pricing equilibria or equilibria with general pricing rules in an economy with increasing returns to scale or more general types of non convexities in production. Its main contribution is to posit the bounded loss and survival assumptions on a bounded subset of production allocations. Furthermore, the free-disposal assumption is weaken, which allows to consider non positive prices. Finally, we also provide an existence result for a quasi-equilibria, when the survival assumption is weaken on the attainable allocations.

Keywords: règle de tarification marginale; free disposal; marginal pricing rule; bounded losses; general pricing rules; increasing returns; general economic equilibrium; équilibre économique général; rendements d'échelle croissants; libre disposition des excédents; hypothèse de survivance; pertes bornées (search for similar items in EconPapers)
Date: 2005-06
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00194881
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Citations: View citations in EconPapers (2)

Published in 2005

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Related works:
Journal Article: Equilibria with Increasing Returns: Sufficient Conditions on Bounded Production Allocations (2008)
Working Paper: Equilibria with increasing returns: sufficient conditions on bounded production allocations (2005)
Working Paper: Equilibria with increasing returns: sufficient conditions on bounded production allocations (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00194881

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