Asymptotical behavior of finite and possible discontinuous economies |
| |
Authors: | Jacqueline Morgan Vincenzo Scalzo |
| |
Institution: | (1) Dipartimento di Matematica e Statistica, Università di Napoli Federico II, via Cinthia, 80126 Napoli, Italy |
| |
Abstract: | We consider a finite economy in which the data are depending on an exogenous parameter and the utilities satisfy a condition,
previously introduced by the authors and called sequential pseudocontinuity, weaker than sequential lower semicontinuity and than sequential upper semicontinuity. We show that the economy has a nice asymptotical behavior, that is: for any sequence (x
n
)
n
of exogenous parameters converging to x
o
, any convergent subsequence of a sequence of approximate competitive equilibria of converges to an exact equilibrium of .
|
| |
Keywords: | Finite economy Sequential pseudocontinuity Nice asymptotical behavior Approximate competitive equilibrium |
本文献已被 SpringerLink 等数据库收录! |