Equilibrium with non-convex preferences: some examples

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Auteurs

Date

23 mars 2021

Discipline

Economies et finances

Type de document

Prépublication

Périmètre

Publications

Langue

Anglais

Identifiants

handle: 10670/1.mvee4a
halshs: halshs-03177843

Source

Archive Ouverte d'INRAE

Collection

Institut national de recherche pour l’agriculture, l’alimentation et l’environnement

Organisation

Licence

info:eu-repo/semantics/OpenAccess

Mots-clés En Und

general equilibrium. Non-convex preferences

Sujets proches En

Balancing (Physics) Balance (Physics) Balance

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Cuong Le Van et al., « Equilibrium with non-convex preferences: some examples », Archive Ouverte d'INRAE, ID : 10670/1.mvee4a

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Résumé 0

We study the existence of equilibrium when agents' preferences may not be convex. For some specific utility functions, we provide a necessary and sufficient condition 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.

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