Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262
Econometrica: Nov, 1977, Volume 45, Issue 8
https://doi.org/0012-9682(197711)45:8<1777:COEFPE>2.0.CO;2-G
p. 1777-1796
Gerard Fuchs
It has already been proven that when production is described by differentiable supply functions, the equilibrium correspondence is continuous for "most" economies [7 and 8]. The present paper generalizes this result to situations where production activities are described through a certain class of correspondences: namely, those which have a smooth graph and are such that the profit function is differentiable.
June 30, 2023
