Incompatibility of Usual Conditions for Equilibrium Existence in Continuum Economies without Ordered Preferences
Incompatibility of Usual Conditions for Equilibrium Existence in Continuum Economies without Ordered Preferences
复制标题
无有序偏好的连续经济中均衡存在的通常条件的不相容性
DOI：
10.1006/jeth.2000.2646
复制
发表时间：
2000
期刊：
影响因子：
--
通讯作者：
E. Balder
中科院分区：
文献类型：
--
作者：
E. Balder
Abstract In recent years attempts were made to extend the equilibrium existence results of Gale and Mas-Colell (1975, J. Math. Econ.2, 9–15) and Shafer and Sonnenschein (1975, J. Math. Econ.2, 345–348) to continuum economies. Here it is shown that the usual conditions used for these attempts force the “preferred to” correspondence to be empty-valued almost everywhere on the nonatomic part of the measure space of agents. Several published continuum extensions of the existence results of Shafer and Sonnenschein are thus rendered pointless. Journal of Economic Literature Classification Number: C72.
