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Equilibrium uniqueness with perfect complements

Authors
  • Solan, Eilon1
  • Vieille, Nicolas2
  • 1 Northwestern University, and School of Mathematical Sciences,, MEDS Department, Kellogg School of Management, Tel Aviv University, Tel Aviv, 69978, ISRAEL , Tel Aviv (Israel)
  • 2 HEC 1, Département Finance et Economie, rue de la Libération, Jouy-en-Josas, 78 351, FRANCE , Jouy-en-Josas (France)
Type
Published Article
Journal
Economic Theory
Publisher
Springer-Verlag
Publication Date
Aug 01, 2006
Volume
28
Issue
3
Pages
721–726
Identifiers
DOI: 10.1007/s00199-005-0645-2
Source
Springer Nature
Keywords
License
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Abstract

We study a model in which each of finitely many agent cares about a given subset of finitely many goods. We provide minimal conditions that ensure the existence and uniqueness of the equilibrium price vector - a price vector for which supply meets demand.

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