On equilibrium existence theorem based on an infinite dimensional Gale-Nikaido Lemma

Hajime Kubota

No 276, Discussion paper series. A from Graduate School of Economics and Business Administration, Hokkaido University

Abstract: This paper considers several versions of the infinite dimensional Gale-Nikaido lemma and establishes the existence of competitive equilibrium in a simplified Bewley(1972)’ economy with l∞ as the commodity space with applying an infiinite dimensional Gale-Nikaido Lemma obtained in this paper.

Pages: 34 pages
Date: 2014-10
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