期刊名称:CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度:2000
卷号:2000
出版社:Center for Operations Research and Econometrics (UCL), Louvain
摘要:In this paper, we prove an existence theorem for equilibria in production economies
with increasing returns, which generalizes the classic results on this topic. In particular,
we eliminate both the free-disposal assumptions and any smoothness requirements on
the boundary of the production sets. For this purpose, we propose a new definition of
the topological degree for non-convex-valued correspondences defined on non-smooth
topological manifolds.
关键词:Non-smooth production, topological degree, local homology, increasing
returns