Marginal pricing and marginal cost pricing equilibria in economies with externalities and infinitely many commodities.
This paper considers a general equilibrium model of an economy in which some firms may exhibit various types of non-convexities in production, there are external effects among agents and the commodity space is infinite dimensional. The consumption sets, the preferences of the consumers, and the prod...
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I78-R216-123456789-26172025-04-30T18:47:12Z Marginal pricing and marginal cost pricing equilibria in economies with externalities and infinitely many commodities. Fuentes, Matías Nicolás. ECONOMIC EQUILIBRIUM COMMODITIES PRICES COMMODITIES MARKETS CONSUMERS info:eu-repo/semantics/acceptedVersion This paper considers a general equilibrium model of an economy in which some firms may exhibit various types of non-convexities in production, there are external effects among agents and the commodity space is infinite dimensional. The consumption sets, the preferences of the consumers, and the production possibilities are represented by correspondences in order to take into account the external effects. The firms are instructed to follow the marginal pricing rule from which we obtain an existence theorem. Then, the existence of a marginal cost pricing equilibrium is proved by adding additional assumptions. The simultaneous presence of externalities and infinitely many commodities are sources of technical difficulties when attempting to generalize previous existence results in the literature. Fil: Fuentes, Matías Nicolás. Universidad Nacional de San Martín. Centro de Investigación en Economía Teórica y Matemática Aplicada (CIETyMA); San Martín, Buenos Aires, Argentina 2016-07-31 info:eu-repo/semantics/bookPart info:ar-repo/semantics/parte de libro Fuentes, M. N. (2016). Marginal pricing and marginal cost pricing equilibria in economies with externalities and infinitely many commodities. En. Trends in mathematical economics : dialogues between southern Europe and Latin America. 978-3-319-32543-9 EEYN_CIETYMA_2016_9783319325439_123-146 http://ri.unsam.edu.ar/handle/123456789/2617 eng info:eu-repo/semantics/openAccess http://creativecommons.org/licenses/by-nc-sa/2.5/ar/ Creative Commons Atribución-NoComercial-CompartirIgual 2.5 Argentina (CC BY-NC-SA 2.5) application/pdf pp. 123-146. application/pdf Springer, Cham |
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Universidad Nacional de General San Martín |
institution_str |
I-78 |
repository_str |
R-216 |
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Repositorio Institucional de la UNSAM |
language |
Inglés |
topic |
ECONOMIC EQUILIBRIUM COMMODITIES PRICES COMMODITIES MARKETS CONSUMERS |
spellingShingle |
ECONOMIC EQUILIBRIUM COMMODITIES PRICES COMMODITIES MARKETS CONSUMERS Fuentes, Matías Nicolás. Marginal pricing and marginal cost pricing equilibria in economies with externalities and infinitely many commodities. |
topic_facet |
ECONOMIC EQUILIBRIUM COMMODITIES PRICES COMMODITIES MARKETS CONSUMERS |
description |
This paper considers a general equilibrium model of an economy in which some firms may exhibit various types of non-convexities in production, there are external effects among agents and the commodity space is infinite dimensional. The consumption sets, the preferences of the consumers, and the production possibilities are represented by correspondences in order to take into account the external effects. The firms are instructed to follow the marginal pricing rule from which we obtain an existence theorem. Then, the existence of a marginal cost pricing equilibrium is proved by adding additional assumptions. The simultaneous presence of externalities and infinitely many commodities are sources of technical difficulties when attempting to generalize previous existence results in the literature. |
format |
acceptedVersion Parte de libro Parte de libro |
author |
Fuentes, Matías Nicolás. |
author_facet |
Fuentes, Matías Nicolás. |
author_sort |
Fuentes, Matías Nicolás. |
title |
Marginal pricing and marginal cost pricing equilibria in economies with externalities and infinitely many commodities. |
title_short |
Marginal pricing and marginal cost pricing equilibria in economies with externalities and infinitely many commodities. |
title_full |
Marginal pricing and marginal cost pricing equilibria in economies with externalities and infinitely many commodities. |
title_fullStr |
Marginal pricing and marginal cost pricing equilibria in economies with externalities and infinitely many commodities. |
title_full_unstemmed |
Marginal pricing and marginal cost pricing equilibria in economies with externalities and infinitely many commodities. |
title_sort |
marginal pricing and marginal cost pricing equilibria in economies with externalities and infinitely many commodities. |
publisher |
Springer, Cham |
publishDate |
2016 |
url |
http://ri.unsam.edu.ar/handle/123456789/2617 |
work_keys_str_mv |
AT fuentesmatiasnicolas marginalpricingandmarginalcostpricingequilibriaineconomieswithexternalitiesandinfinitelymanycommodities |
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1832342738827214848 |