Some consequences of the unknottedness of the Walras correspondence

Demichelis, Stefano;Germano, Fabrizio
(1999)

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Authors
  • Demichelis, Stefano
    Author
  • Germano, Fabrizio
    Author
Abstract
Two basic properties concerning the dynamic behavior of competitive equilibria of exchange economies with complete markets are derived essentially from the fact that the Walras correspondence has no knots.
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Citations

Demichelis, S., & Germano, F. (1999). Some consequences of the unknottedness of the Walras correspondence (CORE Discussion Papers 1999/45). https://hdl.handle.net/2078.5/34815