The Survival Assumption in Intertemporal Economies - HAL Accéder directement au contenu
Article dans une revue B.E. Journal in Theoretical Economics, Topics in Theoretical Economics Année : 2011

The Survival Assumption in Intertemporal Economies

Résumé

In an economy with a non-convex production sector, we provide an assumption on each individual producer, which implies that the survival assumption holds true at the aggregate level for general pricing rules. For the marginal pricing rule, we derive this assumption from the bounded marginal productivity of inputs. We apply this approach to intertemporal economies and we show how our assumption fits well with the time structure. We obtain a tractable existence result of equilibria for discrete time growth models.
Loading...

Dates et versions

halshs-00626722, version 1 (26-09-2011)

Identifiants

Citer

Jean-Marc Bonnisseau, Alexandrine Jamin. The Survival Assumption in Intertemporal Economies. B.E. Journal in Theoretical Economics, Topics in Theoretical Economics, 2011, 11 (1), Article 14 (18 p.). ⟨10.2202/1935-1704.1781⟩. ⟨halshs-00626722⟩
148 Consultations
0 Téléchargements
Dernière date de mise à jour le 13/04/2024
comment ces indicateurs sont-ils produits

Altmetric

Partager

Gmail Facebook Twitter LinkedIn Plus