From singularity theory to finiteness of Walrasian equilibria
نویسندگان
چکیده
The paper establishes that for an open and dense subset of smooth exchange economies, the number of Walrasian equilibria is finite. In particular, our results extend to non-regular economies; it even holds when restricted to the subset of critical ones. The proof rests on concepts from singularity theory.
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ورودعنوان ژورنال:
- Mathematical Social Sciences
دوره 66 شماره
صفحات -
تاریخ انتشار 2013