Date of Original Version

5-13-2013

Type

Working Paper

Abstract or Description

We consider an economy where agents’ consumption sets are given by the cone L 0 + of non-negative measurable functions and whose preferences are defined by additive utilities satisfying the Inada conditions. We extend to this setting the results in Dana [1] on the existence and uniqueness of Arrow-Debreu equilibria. In the case of existence, our conditions are necessary and sufficient.

Included in

Mathematics Commons

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