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Equilibria with increasing returns : sufficient conditions on bounded production allocations

Abstract : This paper deals with the existence of marginal pricing equilibria or equilibria with general pricing rules in an economy with increasing returns to scale or more general types of non convexities in production. Its main contribution is to posit the bounded loss and survival assumptions on a bounded subset of production allocations. Furthermore, the free-disposal assumption is weaken, which allows to consider non positive prices. Finally, we also provide an existence result for a quasi-equilibria, when the survival assumption is weaken on the attainable allocations.
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https://halshs.archives-ouvertes.fr/halshs-00194881
Contributor : Lucie Label <>
Submitted on : Friday, December 7, 2007 - 3:49:10 PM
Last modification on : Sunday, January 19, 2020 - 6:38:05 PM
Long-term archiving on: : Monday, April 12, 2010 - 6:36:23 AM

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  • HAL Id : halshs-00194881, version 1

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Jean-Marc Bonnisseau, Alexandrine Jamin. Equilibria with increasing returns : sufficient conditions on bounded production allocations. 2005. ⟨halshs-00194881⟩

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