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Continua of Hahn-unsatisfactory equilibria: Some examples |
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| Authors: | Joaquin Silvestre |
| Institution: | University Autònoma de Barcelona, Barcelona, Spain |
| Abstract: | Quantity-constrained fix-price equilibria may occur even at Walrasian equilibrium prices. Structurally stable examples are given to support the claim that there may be a continuum of such equilibria, even in a neighborhood of the Walrasian one. |
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