Testable restrictions of general equilibrium theory in exchange economies with externalities
The theory of general equilibrium was criticized for its apparent lack of testable implications, as seemingly implied by the results of Sonnenschein, Mantel and Debreu in the Seventies. This view was challenged by the results of Brown and Matzkin (1996),
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Formato: | Documento de trabajo (Working Paper) |
Lenguaje: | Español (Spanish) |
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Banco de la República
2003
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Acceso en línea: | http://repositorio.banrep.gov.co/handle/20.500.12134/5249 |