Cone conditions in general equilibrium theory

Article Abstract:

Cone conditions in general equilibrium theory are examined.

Author: Tourky, Rabee, Yannelis, Nicholas C.
Methods, Economics, Economic methods

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A theory of value with non-linear prices: equilibrium analysis beyond vector lattices

Article Abstract:

A new theory of value with a personalized pricing system that naturally prompts a family of non-linear prices is presented. This analysis specializes to the standard Walrasian model whenever the commodity space is a vector lattice and consumption sets are aligned with the positive cone.

Author: Tourky, Rabee, Yannelis, Nicholas C., Aliprantis, Charalambos D.
Administration of General Economic Programs, Economic Statistics & Research, Research, Economic conditions, Value (Economics)

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Non-marketed options, non-existence of equilibria, and non-linear prices

Article Abstract:

A two-period securities model with three assets and two traders is presented. The relevance of lattice theoretic properties to the existence of equilibrium problem is discussed.

Author: Tourky, Rabee, Monteiro, Paulo K., Aliprantis, Charalambos D.
Analysis, Options (Finance), Equilibrium (Economics)

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