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A remark on the equilibrium set of pureexchange economies

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  • Ashvin Varada Rajan

    (Department of Mathematics, The Johns Hopkins University, Baltimore, MD 21218, USA)

Abstract

We present a unified mathematical framework within which, among others, pure exchange economies with a finite set of agents, as well as those with a continuum of traders may be studied simultaneously. We prove that the reasoning presented by Balasko (1975) on the equilibrium set for finite economies generalizes very naturally to our setting. His results may therefore be recovered as a special case of those presented in this note.

Suggested Citation

  • Ashvin Varada Rajan, 1997. "A remark on the equilibrium set of pureexchange economies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 10(2), pages 373-379.
  • Handle: RePEc:spr:joecth:v:10:y:1997:i:2:p:373-379
    Note: Received: April 9, 1996; revised version August 19, 1996
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    Cited by:

    1. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875, August.
    2. Paul Oslington, 2012. "General Equilibrium: Theory and Evidence," The Economic Record, The Economic Society of Australia, vol. 88(282), pages 446-448, September.

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