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From singularity theory to finiteness of Walrasian equilibria
Title
From singularity theory to finiteness of Walrasian equilibria
Type
Article in International Scientific Journal
Year
2013
Authors
castro, sbsd
(Author)
FEP
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dakhlia, s
(Author)
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Gothen, PB
(Author)
FCUP
Journal
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Scientific classification
FOS:
Social sciences > Economics and Business
Other information
Authenticus ID:
P-006-7Z5
Abstract (EN):
The main result of this paper states that there exists a residual subset of the set of critical economies whose associated equilibria are finite in number. We also show that this subset does not contain any open set and therefore the result is the best possible for our choice of topology (compact-open topology). The proof rests on results and concepts from singularity theory.
Language:
English
Type (Professor's evaluation):
Scientific
Contact:
sdcastro@fep.up.pt; sami.dakhlia@gmail.com; pbgothen@fc.up.pt
No. of pages:
7
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