Equilibrium in abstract economies without ordered preferences and with a measure space of agents |
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| Authors: | M.Ali Khan Rajiv Vohra |
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| Affiliation: | Cornell University, Ithaca, NY 14853, USA;The Johns Hopkins University, Baltimore, MD 21218, USA;Brown University, Providence, RI 02912, USA |
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| Abstract: | We report a generalization of Aumann's (1966) existence theorem to economies without ordered preferences and with externalities in consumption. Our work can alternatively be viewed as a generalization of the Shafer–Sonnenschein (1975) theorem to economies with a continuum of agents. |
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