Production Equilibria in Locally proper Economies with Unbounded and Unordered Consumers

Rabee Tourky
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Rabee Tourky: Department of Economics and Finance, La Trobe University

No 1997.01, Working Papers from School of Economics, La Trobe University

Abstract: We prove a theorem on the existence of general equilibrium for a production economy with unordered preferences in a topological vector lattice commodity space. Our consumption sets need not have a lower bound and the set of feasible allocations need not be topologically bounded. Furthermore, we assume that the economy is locally proper as opposed to uniformly proper. In particular, preferences satisfy a locally uniform version of Yannelis and Zame's (1986) extreme desirability condition.

Keywords: Econometrics; EDIRC; Provider-Institution:; RePEc:edi:smlatau (search for similar items in EconPapers)
Pages: 16 pages
Date: 1997
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Journal Article: Production equilibria in locally proper economies with unbounded and unordered consumers (1999)
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