Tastes and Singular Economies

Elvio Accinelli, Alfredo Piria () and Martín Puchet ()
Additional contact information
Alfredo Piria: Facultad de Ingeniería, IMERL, Universidad de la República
Martín Puchet: UNAM, México.

No 1301, Documentos de Trabajo (working papers) from Department of Economics - dECON

Abstract: The object of this paper is to show some examples of economies in which singular equilibria occur as a consequence of utility functions and where this equilibria play a crucial rolle to understand the behavior of the economy as a system. An economy will be called singular if little changes in the tastes of the consumer imply big changes in the equilibria set.

Pages: 11 pages
Date: 2001-12
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Citations: View citations in EconPapers (1)

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https://hdl.handle.net/20.500.12008/1943 (application/pdf)

Related works:
Journal Article: TASTE AND SINGULAR ECONOMIES (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:ude:wpaper:1301

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