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The number and type of long-term equilibria

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  • Christian Bidard
  • Guido Erreygers

Abstract

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Suggested Citation

  • Christian Bidard & Guido Erreygers, 1998. "The number and type of long-term equilibria," Journal of Economics, Springer, vol. 67(2), pages 181-205, June.
  • Handle: RePEc:kap:jeczfn:v:67:y:1998:i:2:p:181-205
    DOI: 10.1007/BF01236069
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    References listed on IDEAS

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    1. Debreu, Gerard, 1970. "Economies with a Finite Set of Equilibria," Econometrica, Econometric Society, vol. 38(3), pages 387-392, May.
    2. Kehoe, Timothy J, 1980. "An Index Theorem for General Equilibrium Models with Production," Econometrica, Econometric Society, vol. 48(5), pages 1211-1232, July.
    3. B. Curtis Eaves, 1971. "The Linear Complementarity Problem," Management Science, INFORMS, vol. 17(9), pages 612-634, May.
    4. Kurz,Heinz D. & Salvadori,Neri, 1997. "Theory of Production," Cambridge Books, Cambridge University Press, number 9780521588676.
    5. Steedman, Ian, 1976. "Positive Profits with Negative Surplus Value: A Reply," Economic Journal, Royal Economic Society, vol. 86(343), pages 604-608, September.
    6. Christian Bidard, 1984. "La Production Jointe," Post-Print hal-03094472, HAL.
    7. Barnett,William A. & Cornet,Bernard & D'Aspremont,Claude & Gabszewicz,Jean & Mas-Colell,Andreu (ed.), 1991. "Equilibrium Theory and Applications," Cambridge Books, Cambridge University Press, number 9780521392198.
    8. Enrico Bellino, 1997. "Full-cost pricing in the classical competitive process: A model of convergence to long-run equilibrium," Journal of Economics, Springer, vol. 65(1), pages 41-54, February.
    9. Morishima, Michio, 1969. "Theory of Economic Growth," OUP Catalogue, Oxford University Press, number 9780198281641.
    10. Steedman, Ian, 1976. "Positive Profits with Negative Surplus Value: A Reply to Wolfstetter," Economic Journal, Royal Economic Society, vol. 86(344), pages 873-876, December.
    11. Martin Shubik & Thomas Quint, 1997. "A Theorem on the Number of Nash Equilibria in a Bimatrix Game," International Journal of Game Theory, Springer;Game Theory Society, vol. 26(3), pages 353-359.
    12. Dantzig, George B. & Manne, Alan S., 1974. "A complementarity algorithm for an optimal capital path with invariant proportions," Journal of Economic Theory, Elsevier, vol. 9(3), pages 312-323, November.
    13. Dierker, Egbert, 1972. "Two Remarks on the Number of Equilibria of an Economy," Econometrica, Econometric Society, vol. 40(5), pages 951-953, September.
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    Citations

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    Cited by:

    1. Christian Bidard, 2014. "The Wage Curve in Austrian Models," EconomiX Working Papers 2014-54, University of Paris Nanterre, EconomiX.
    2. Christian Bidard, 2012. "Ricardo And Lemke," EconomiX Working Papers 2012-48, University of Paris Nanterre, EconomiX.
    3. Christian Bidard, 2012. "The Ricardo-Lemke parametric algorithm on oddity and uniqueness," EconomiX Working Papers 2012-41, University of Paris Nanterre, EconomiX.
    4. Bidard, Christian, 2014. "The Ricardian rent theory: an overview," Centro Sraffa Working Papers CSWP8, Centro di Ricerche e Documentazione "Piero Sraffa".
    5. Christian Bidard, 2014. "The Ricardian rent theory two centuries after," Working Papers hal-04141289, HAL.
    6. Christian Bidard, 2012. "Ricardo And Lemke," Working Papers hal-04141029, HAL.
    7. Christian Bidard, 2012. "The Ricardo-Lemke parametric algorithm on oddity and uniqueness," Working Papers hal-04141043, HAL.
    8. Christian Bidard, 2014. "The Ricardian rent theory two centuries after," EconomiX Working Papers 2014-54, University of Paris Nanterre, EconomiX.

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    More about this item

    Keywords

    general-equilibrium theory; linear complementarity problem; Lippi; long-term equilibrium; Morishima; von Neumann; prices of production; Sraffa; D51;
    All these keywords.

    JEL classification:

    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies

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