Competitive equilibrium when preferences change over time
نویسندگان
چکیده
منابع مشابه
Competitive Equilibrium when Preferences
We show the existence of a competitive equilibrium in an economy with many consumers whose preferences may change over time. The demand correspondence of an individual consumer is determined by the set of subgameperfect equilibrium outcomes in his or her intrapersonal game. For additively separable preferences with continuous period utility functions that are unbounded above, this demand corres...
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ژورنال
عنوان ژورنال: Economic Theory
سال: 2006
ISSN: 0938-2259,1432-0479
DOI: 10.1007/s00199-004-0586-1