Uniqueness of equilibrium in productive economies
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Pontificia Universidad Católica del Perú
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In this paper we discuss the uniqueness of equilibria in productive economies, and we show that the source of the multiplicity of equilibria lies in the consumption set. This result is well know in the literature, our only object in this work is to show a resume of this theme for the discussion in our seminar.
In this paper we discuss the uniqueness of equilibria in productive economies, and we show that the source of the multiplicity of equilibria lies in the consumption set. This result is well know in the literature, our only object in this work is to show a resume of this theme for the discussion in our seminar.
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