The equilibrium existence duality
We show that with indivisible goods, the existence of competitive equilibrium fundamentally depends on agents’ substitution effects, not their income effects. Our equilibrium existence duality allows us to transport results on the existence of competitive equilibrium from settings with transferable...
| Main Authors: | , , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
University of Chicago Press
2023
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