A Simple and Constructive Proof of the Existence of a Competitive Price Under the Gross Substitute Property

Takuya Masuzawa
Additional contact information
Takuya Masuzawa: Faculty of Economics, Keio University

No 2012-022, Keio/Kyoto Joint Global COE Discussion Paper Series from Keio/Kyoto Joint Global COE Program

Abstract: In this note, we demonstrate, in a simpler and more direct manner than done in existing literature, the existence of an equilibrium in a market whose excess demand function has the gross substitute property.

Pages: 5 pages
Date: 2012-12
New Economics Papers: this item is included in nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ies.keio.ac.jp/old_project/old/gcoe-econbus/pdf/dp/DP2012-022.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kei:dpaper:2012-022

Access Statistics for this paper

More papers in Keio/Kyoto Joint Global COE Discussion Paper Series from Keio/Kyoto Joint Global COE Program Contact information at EDIRC.
Bibliographic data for series maintained by Global COE Program Office ().