Finiteness of the Number of Equilibria in a Production Economy with Uncertainty

Pascal Stiefenhofer

Discussion Papers from Department of Economics, University of York

Abstract: This paper shows that the inverse image of the natural projection defines a ramified covering with finite layers. Finiteness of equilibria for regular two period production economies with uncertainty follows from this property.

Keywords: General Equilibrium; Uncertainty; Production. (search for similar items in EconPapers)
JEL-codes: D20 D50 D51 (search for similar items in EconPapers)
Date: 2011-05
New Economics Papers: this item is included in nep-dge
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Persistent link: https://EconPapers.repec.org/RePEc:yor:yorken:11/08

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