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20 mars 2025
- ISIDORE Id: 10670/1.e1141b...
- halshs: halshs-03177843
http://hal.archives-ouvertes.fr/licences/publicDomain/ , info:eu-repo/semantics/OpenAccess
Mots-clés
general equilibrium. Non-convex preferences D - Microeconomics/D.D1 - Household Behavior and Family Economics D - Microeconomics/D.D5 - General Equilibrium and Disequilibrium -fin]/Computational Finance [q-fin.CP] -fin]/Statistical Finance [q-fin.ST]Sujets proches
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Cuong Le Van et al., « Equilibrium with non-convex preferences: some insights », HAL SHS (Sciences de l’Homme et de la Société), ID : 10670/1.e1141b...
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Résumé
We study the existence of equilibrium when agents’ preferences may not beconvex. For some specific utility functions, we provide a necessary and sufficientcondition under which there exists an equilibrium. The standard approach cannot be directly applied to our examples because the demand correspondence of some agents is neither single-valued nor convex-valued.
