Econometrica: Sep 1973, Volume 41, Issue 5
On the Uniqueness of Competitive Equilibrium: Part I, Unbounded Demand
https://doi.org/0012-9682(197309)41:5<817:OTUOCE>2.0.CO;2-X
p.
817-828
I. F. Pearce, J. Wise
This paper is concerned with general equilibrium under a weakened version of Walras' Law. Conditions for uniqueness of equilibrium are derived which include the more standard conditions as a special case and which are at the same time free of some of the weaknesses of received theory.Log In To View Full Content