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Quasi-equilibria in Banach spaces with lower semi-continuous preferences

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  • Ning Sun

Abstract

This paper establishes a general result on the existence of non-trivial quasi-equilibria for economies with infinitely many commodities, in which consumers’ preferences are assumed to be lower semi-continuous, but not necessarily to have open lower sections nor to be open valued. Such preference relations include the lexicographic orderings. In addition, production technologies are not required to satisfy free disposal condition. Copyright Springer-Verlag Berlin/Heidelberg 2006

Suggested Citation

  • Ning Sun, 2006. "Quasi-equilibria in Banach spaces with lower semi-continuous preferences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 27(3), pages 691-703, April.
    • Handle: RePEc:spr:joecth:v:27:y:2006:i:3:p:691-703
    DOI: 10.1007/s00199-004-0565-6
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    Cited by:

    1. Sun, Ning, 2006. "Bewley's limiting approach to infinite dimensional economies with l.s.c. preferences," Economics Letters, Elsevier, vol. 92(1), pages 7-13, July.

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