Arbeitspapier
General Equilibrium in Economies with Infinite Dimensional Commodity Spaces: A Truncation Approach
Mostly infinite dimensional economies can be considered limits offinite dimensional economies, in particular when we think of time orproduct differentiation. We investigate conditions under which sequences of quasi-equilibria in finite dimensional economies converge to a quasi-equilibrium in the infinite dimensional economy. It is shown that convergence indeed occurs if the usual continuity assumption concerning the preference relations for finite dimensional commodity spaces is slightly modified.
- Language
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Englisch
- Bibliographic citation
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Series: Tinbergen Institute Discussion Paper ; No. 00-023/1
- Classification
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Wirtschaft
- Subject
-
general equilibrium
truncation
infinite dimensional commodity space
Allgemeines Gleichgewicht
Wohlfahrtstheorie
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
van der Laan, Gerard
Withagen, Cees
- Event
-
Veröffentlichung
- (who)
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Tinbergen Institute
- (where)
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Amsterdam and Rotterdam
- (when)
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2000
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- van der Laan, Gerard
- Withagen, Cees
- Tinbergen Institute
Time of origin
- 2000
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