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On the existence of Nash equilibrium points
Journal of the Australian Mathematical Society, 1979AbstractThe existence of Nash equilibrium points of game between n players has been established under the conditions dual to known ones.
Tarafdar, E., Husain, T.
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On the Existence of Balanced Growth Equilibrium
International Economic Review, 1997Summary: We characterize the class of dynamic models that allow for the most commonly used types of sustained economic growth (balanced and asymptotically balanced). We show that, under a constant returns to scale technology, (asymptotically) constant discount rate and (asymptotically) constant elasticity of marginal felicity are not only necessary but
Palivos, Theodore +2 more
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Arbitrage and the Existence of Competitive Equilibrium
Econometrica, 1987The existence of an equilibrium is proved in an economy where the consumption sets are not bounded from below. When consumption sets are not bounded from below, it is possible that, at some nonnegative price vector, the budget set does not contain a maximal element, because any level of utility is attainable.
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Existence of Cournot Equilibrium in Large Markets
Econometrica, 1985A Cournot equilibrium is a fixed point for a mapping constructed from reaction functions (or correspondences) which describe the poduction level of a firm as a function of the aggregate production of other firms. The authors prove that even if firms are nonidentical and even if nonconvexity in production (here only due to the presence of set-up costs ...
Bamon, Rodrigo, Fraysse, Jean
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The Existence of Spurious Equilibrium in FastICA
2004FastICA is a fast fixed-point algorithm proposed by Hyvarinen for Independent Component Analysis (ICA). For the outstanding performance such as fast convergence and robustness, it is now one of the most popular estimate methods. The existence of spurious equilibrium in FastICA is addressed in this paper, which comes from its applications in Blind ...
Gang Wang, Dewen Hu
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existence of general equilibrium
1987Leon Walras provided in his Elements d’economie politique pure (1874–7) an answer to an outstanding scientific question raised by several of his predecessors. Notably, Adam Smith had asked in An Inquiry into the Nature and Causes of the Wealth of Nations (1776) why a large number of agents motivated by self-interest and making independent decisions do ...
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On the existence of a beliefs social equilibrium
Economics Letters, 1997zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Equilibrium Non-Existence in Generalized Games
SSRN Electronic Journal, 2020zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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A Social Coalitional Equilibrium Existence Lemma
Econometrica, 1981The purpose of this paper is to construct an abstract model of a society in which each member can cooperate with others by forming a coalition, but at the same time can be influenced by the members outside the coalition. A new concept of equilibrium, called here a social coalitional equilibrium, is proposed, and a sufficient condition for its existence
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Existence of Equilibrium in Infinite Economies with Production
Econometrica, 1978THE MAJOR INTEREST in the recent literature on infinite economies has lain in the results about large but finite economies that have been derived from the results proved for infinite economies. It is thus important to find simple yet general proofs for infinite economies. In this article we wish to provide a simple yet general proof of the existence of
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