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Diskretn. Anal. Issled. Oper., 2012, Volume 19, Number 4, Pages 15–34 (Mi da694)  

This article is cited in 1 scientific paper (total in 1 paper)

On existence of Walras equilibrium in a multi-regional economic model

V. A. Vasil'evab

a Sobolev Institute of Mathematics, Novosibirsk, Russia
b Novosibirsk State University, Novosibirsk, Russia

Abstract: In the paper, a general Walras equilibrium existence theorem is established for a class of multi-regional economic systems. In contrast to the earlier announced rather technical existence result, we propose quite simple assumptions consisting of the absence of cornucopia and strong regional autarchy requirements. It is worth to note that strong autarchy requirement is a modification of the well-known positive initial endowment assumption. Alongside with the existence result obtained, strong attention is paid to the comparative analysis of the core, Walras, and Edgeworth equilibria of multi-regional models under consideration. Bibliogr. 14.

Keywords: multi-regional interaction model, Walras equilibrium, core, $k$-splitting, Edgeworth equilibrium.

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English version:
Journal of Applied and Industrial Mathematics, 2012, 6:4, 501–513

Bibliographic databases:

UDC: 333.1+519.86
Received: 23.08.2011
Revised: 11.04.2012

Citation: V. A. Vasil'ev, “On existence of Walras equilibrium in a multi-regional economic model”, Diskretn. Anal. Issled. Oper., 19:4 (2012), 15–34; J. Appl. Industr. Math., 6:4 (2012), 501–513

Citation in format AMSBIB
\Bibitem{Vas12}
\by V.~A.~Vasil'ev
\paper On existence of Walras equilibrium in a~multi-regional economic model
\jour Diskretn. Anal. Issled. Oper.
\yr 2012
\vol 19
\issue 4
\pages 15--34
\mathnet{http://mi.mathnet.ru/da694}
\mathscinet{http://www.ams.org/mathscinet-getitem?mr=3013540}
\transl
\jour J. Appl. Industr. Math.
\yr 2012
\vol 6
\issue 4
\pages 501--513
\crossref{https://doi.org/10.1134/S1990478912040114}


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    Citing articles on Google Scholar: Russian citations, English citations
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    This publication is cited in the following articles:
    1. V. A. Vasil'ev, “Walras equilibrium in multiregional economic systems”, 2017 International Multi-Conference on Engineering, Computer and Information Sciences (SIBIRCON), IEEE, 2017, 176–181  crossref  isi
  • Дискретный анализ и исследование операций
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