Arbeitspapier
The number of equilibria of smooth infinite economies
We construct an index theorem for smooth infinite economies that shows that generically the number of equilibria is odd. As a corollary, this gives a new proof of existence and gives conditions that guarantee global uniqueness of equilibria.
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Papers ; No. 2011-02
- Classification
-
Wirtschaft
General Equilibrium and Disequilibrium: General
Exchange and Production Economies
Information, Knowledge, and Uncertainty: General
Micro-Based Behavioral Economics: General‡
- Subject
-
Uniqueness
determinacy
equilibria
infinite economy
Fredholm map
equilibrium manifold
index theorem
Z-Rothe vector field
- Event
-
Geistige Schöpfung
- (who)
-
Covarrubias, Enrique
- Event
-
Veröffentlichung
- (who)
-
Banco de México
- (where)
-
Ciudad de México
- (when)
-
2011
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
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
- Covarrubias, Enrique
- Banco de México
Time of origin
- 2011
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