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Externalities, consumption constraints and regular economies

Jean-Marc Bonnisseau and Elena del Mercato

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

Abstract: We consider a general model of pure exchange economies with consumption externalities. Households may have different consumption sets and each consumption set is described by a function called possibility function. Utility and possibility functions depend on the consumptions of all households. Showing by means of an example that basic assumptions are not enough to guarantee generic regularity, we provide sufficient conditions for generic regularity in the space of endowments and possibility functions

Keywords: Externalities; consumption constraints; competitive equilibrium; regular economies (search for similar items in EconPapers)
JEL-codes: C62 D50 D62 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2008-02, Revised 2009-04
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
ftp://mse.univ-paris1.fr/pub/mse/CES2008/B08011.pdf (application/pdf)

Related works:
Journal Article: Externalities, consumption constraints and regular economies (2010) Downloads
Working Paper: Externalities, consumption constraints and regular economies (2010)
Working Paper: Externalities, consumption constraints and regular economies (2010)
Working Paper: Externalities, consumption constraints and regular economies (2010)
Working Paper: Externalities, Consumption Constraints and Regular Economies (2009) Downloads
Working Paper: Externalities, consumption constraints and regular economies (2008) Downloads
Working Paper: Externalities, consumption constraints and regular economies (2008) Downloads
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