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Stability of production economies

Published online by Cambridge University Press:  09 April 2009

Kok-Keong Tan
Affiliation:
Department of Mathematics, Statistics and Computing Science Dalhousie UniversityHalifax, Nova Scotia B3H 3J5Canada e-mail: [email protected]
Jian Yu
Affiliation:
Institute of Applied Mathematics Guizhou Institute of TechnologyGuiyang, Guizhou 550003, China
Xian-Zhi Yuan
Affiliation:
Department of Mathematics University of QueenslandBrisbane Queensland 4072, Australia
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Abstract

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In this paper, the concept of essential equilibria for production economies is first given. We then prove that in ‘most’ production economies (in the sense of Baire category) all equilibria are essential.

Type
Research Article
Copyright
Copyright © Australian Mathematical Society 1996

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