2012

Huang, H., J. Shi, S. Zhang——Acta Mathematica Scientia: Constructing Examples with 5 Equilibria for Symmeteric 3*2 Ces/Les Pure Exchange Economies

时间:2012-06-22
This paper explores the existence of multiple equilibria for symmetric 3 individual,2 good CES /LES pure exchange economies.Analytically,we show that there are no more than 5 equilibria in such economies.The number of equilibria varies from 5 to 3 then to 1.We generalize our analytical results of existence of 1,3,5 equilibria for a wide range of parametrizations.We also provide concrete examples of 1,3,5 equilibria with parameter zones specified.
上一篇:赵锡军——《中国人民大学复印报刊资料》:国际成熟市场投资银行发展经验教训 下一篇:岳希明 , 徐静 ——《经济学动态》:我国个人所得税的居民收入分配效应
233 2588