Please use this identifier to cite or link to this item:
https://ri.unsam.edu.ar/handle/123456789/2616
DC Field | Value | Language |
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dc.contributor.author | Bonnisseau, Jean-Marc | - |
dc.contributor.author | Fuentes, Matías | - |
dc.date.accessioned | 2024-08-27T20:24:47Z | - |
dc.date.available | 2024-08-27 | - |
dc.date.issued | 2019-09-30 | - |
dc.identifier.citation | Bonnisseau, JM., Fuentes, M. (2020). Market failures and equilibria in Banach lattices : new tangent and normal cones. J Optim Theory Appl 184, 338–367. https://doi.org/10.1007/s10957-019-01593-w | - |
dc.identifier.issn | 1573-2878 | - |
dc.identifier.other | EEYN_CIETYMA_2019_1573-2878_184_338-367 | - |
dc.identifier.uri | http://ri.unsam.edu.ar/handle/123456789/2616 | - |
dc.description.abstract | In this paper, we consider an economy with infinitely many commodities and market failures such as increasing returns to scale and external effects or other regarding preferences. The commodity space is a Banach lattice possibly without interior points in the positive cone in order to include most of the relevant commodity spaces in economics. We propose a new definition of the marginal pricing rule through a new tangent cone to the production set at a point of its (non-smooth) boundary. The major contribution is the unification of many previous works with convex or non-convex production sets, smooth or non-smooth, for the competitive equilibria and for the marginal pricing equilibria, with or without external effects, in finite-dimensional spaces as well as in infinite-dimensional spaces. In order to prove the existence of a marginal pricing equilibria, we also provide a suitable properness condition on nonconvex technologies to deal with the emptiness of the interior of the positive cone. | - |
dc.format | application/pdf | es |
dc.format.extent | pp. 338-367. | es |
dc.language.iso | eng | es |
dc.publisher | ScienceDirect | es |
dc.relation.uri | https://doi.org/10.1007/s10957-019-01593-w | es |
dc.rights | info:eu-repo/semantics/openAccess | es |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-sa/2.5/ar/ | es |
dc.subject | ECONOMIC EQUILIBRIUM | es |
dc.subject | COMMODITIES | es |
dc.subject | COMMODITIES PRICES | es |
dc.subject | MARKETS | es |
dc.title | Market failures and equilibria in Banach lattices : new tangent and normal cones | es |
dc.rights.license | Creative Commons Atribución-NoComercial-CompartirIgual 2.5 Argentina (CC BY-NC-SA 2.5) | es |
dc.description.version | info:eu-repo/semantics/acceptedVersion | es |
dc.description.filiation | Fil.: Fuentes, Matías N. CIETyMA-EEyN, Universidad Nacional de San Martín, Caseros 2241 (1650), Buenos Aires, Argentina | - |
dc.type.openaire | info:eu-repo/semantics/article | es |
dc.type.snrd | info:ar-repo/semantics/artículo | es |
item.languageiso639-1 | en | - |
item.grantfulltext | open | - |
item.fulltext | Con texto completo | - |
Appears in Collections: | Artículos Académicos |
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EEYN_CIETYMA_2019_1573-2878_184_338-367.pdf | Texto completo | 355.75 kB | Adobe PDF | View/Open |
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