SOME REMARKS ON THE COMPETITIVE EQUILIBRIUM IN THE MODEL OF K.J. ARROW- G. DEBREU - L. MCKENZI

Authors

  • HENRYK KOWGIER

DOI:

https://doi.org/10.58246/sjeconomics.v31i4.69

Abstract

The aim of the article was the author's proof of occurrence the competitive equilibrium in the model of K.J. Arrow - G.Debreu - L.McKenzie , which is optimal in the Pareto sense. The subject of the research is the occurrence of equilibrium in the model of K.J. Arrow - G.Debreu - L.McKenzie. To carry out the proof, besides economic knowledge, a mathematical method was applied with the use of such scientific disciplines as mathematical analysis, topology and multidimensional geometry.

Published

2018-12-30

Issue

Vol. 31 No. 4 (2018)

Section

Article

License

CC-By licence - allows a work to be copied, modified, distributed, presented and performance of a work only on the condition that the original author is credited. It is a licence guaranteeing the broadest freedoms for the licensee.