Search Results
Search type | Search syntax |
---|---|
Tags | [tag] |
Exact | "words here" |
Author |
user:1234 user:me (yours) |
Score |
score:3 (3+) score:0 (none) |
Answers |
answers:3 (3+) answers:0 (none) isaccepted:yes hasaccepted:no inquestion:1234 |
Views | views:250 |
Code | code:"if (foo != bar)" |
Sections |
title:apples body:"apples oranges" |
URL | url:"*.example.com" |
Saves | in:saves |
Status |
closed:yes duplicate:no migrated:no wiki:no |
Types |
is:question is:answer |
Exclude |
-[tag] -apples |
For more details on advanced search visit our help page |
7
votes
Accepted
Pure exchange economy: Given an initial endowment are multiple equilibria possible?
Yes. The Debreu version of the Sonnenschein-Mantel-Debreu theorem guarantees that excess demand has to satisfy very little restrictions if there are as many consumers as commodities.
An explicit exam …
1
vote
Accepted
Second welfare theorem: can it be used to show there does not exist any competitive equilibr...
In every competitive equilibrium, a consumer's endowment is in their budget set. Since they choose an optimal point in the budget set, every consumer in a competitive equilibrium will receive a bundle …