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  • 标题:An algebraic index theorem for non-smooth economies
  • 本地全文:下载
  • 作者:Gaël GIRAUD
  • 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
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