My purpose is to discuss the present status of the classical theorem on existence of
competitive equilibrium that was proved in various guises in the 1950's by Arrow and …

General Equilibrium Analysis is a systematic exposition of the Walrasian model of economic
equilibrium with a finite number of agents, as formalized by Arrow, Debreu and McKenzie at …

In the applications of equilibrium theory one occasionally encounters situations where
consumption sets are naturally compact. Two examples are:(i) fix-price equilibria where …

This groundbreaking book takes a fresh look at how environmental problems emerge from
economic activity and how they may be addressed in a responsible and sustainable …

This paper presents simple conditions and a simple proof of the existence of equilibrium in
asset markets where short-selling is allowed and satiation is possible. Unlike standard non …

The development of general equilibrium theory represents one of the greatest advances in
economic analysis in the latter half of the twentieth century. This book, intended for …

A good basic understanding of general equilibrium theory is a fundamental and
indispensable background for advanced work in virtually any sub-field of economics; and a …

Recent work in competitive equilibrium analysis, pioneered by Mas-Colell (1974),'An equil-
brium existence theorem without complete or transitive preferences', has established …

This paper provides four theorems on the existence of a free-disposal equilibrium in a
Walrasian economy: the first with an arbitrary set of agents with compact consumption sets …

We consider a two-date model of a financial exchange economy with finitely many agents
having nonordered preferences and portfolio constraints. There is a market for physical …