Strong optimality in OG economies: convergence
Article Abstract:
Research into a double-ended, pure-exchange, overlapping-generations model is presented. It is concluded that economies with optimal endowments have a unique equilibrium. The property of Arrow-Debreu economies generalizes to overlapping-generations economies with regard to uniform convergence of economies and to their equilibria.
Publication Name: The Journal of Mathematical Economics
Subject: Mathematics
ISSN: 0304-4068
Year: 2001
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Implementation by self-relevant mechanisms
Article Abstract:
Research into implementation by self-relevant mechanisms, with each agent announcing only his own preferences along with an outcome, is presented. It is suggested that the correct conditions can be established for social choice correspondences to be implemented by self-relevant mechanisms.
Publication Name: The Journal of Mathematical Economics
Subject: Mathematics
ISSN: 0304-4068
Year: 2001
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The existence of maximal elements: generalized lexicographic relations
Article Abstract:
Maximal elements are proposed and examined for binary relations, in the context of generalized lexicographic relations. A simple example is set out, studying equilibria with continuous demand.
Publication Name: The Journal of Mathematical Economics
Subject: Mathematics
ISSN: 0304-4068
Year: 2001
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