In this article we give descriptions of some economic models that are based on Arrow-Hahn economic model. Finally we consider a model with two major assumptions: first, there is discontinuous excess demand function and, second, if price goes to zero, then it is possible that excess demand may approach infinity. For this last new economic model the existence of quasi-equilibrium is proved.
@article{bwmeta1.element.bwnjournal-article-doi-10_4064-bc71-0-4,
author = {Inese Bula and Dace Rika},
title = {Arrow-Hahn economic models with weakened conditions of continuity},
journal = {Banach Center Publications},
volume = {72},
year = {2006},
pages = {47-61},
zbl = {1178.91096},
language = {en},
url = {http://dml.mathdoc.fr/item/bwmeta1.element.bwnjournal-article-doi-10_4064-bc71-0-4}
}
Inese Bula; Dace Rika. Arrow-Hahn economic models with weakened conditions of continuity. Banach Center Publications, Tome 72 (2006) pp. 47-61. http://gdmltest.u-ga.fr/item/bwmeta1.element.bwnjournal-article-doi-10_4064-bc71-0-4/