EXISTENCE OUT OF EQUILIBRIUM

被引:0
作者
DAY, RH
机构
来源
REVUE ECONOMIQUE | 1995年 / 46卷 / 06期
关键词
D O I
10.2307/3502456
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper introduces a new micro foundation for economic theory that is 1) based on alternative modes of economizing behavior; 2) that incorporates transactions that can occur out of equilibrium; and 3) that, in addition to individual feasability, requires the satisfaction of explicit transaction compatibility constraints. Recent developments in the theory of differential inclusions offer concepts appropriate for the development of this existence theory.
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页码:1461 / &
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