Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review
Walras equilibrium in multiregional economic systems. / Vasil'Ev, Valery A.
Proceedings - 2017 International Multi-Conference on Engineering, Computer and Information Sciences, SIBIRCON 2017. Institute of Electrical and Electronics Engineers Inc., 2017. p. 176-181 8109865.Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review
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TY - GEN
T1 - Walras equilibrium in multiregional economic systems
AU - Vasil'Ev, Valery A.
PY - 2017/11/14
Y1 - 2017/11/14
N2 - In the paper, existence and coalitional stability problems for Walras equilibrium in the models of multiregional economic systems are considered. Here, we continue investigations on extremal characterization of equilibrium allocations in non-classic market being a modification of the well-known Arrow-Debreu model. It is shown that strict autarchy and non-satiation conditions guarantee coincidence of fuzzy core and Valras plans of the economies under consideration. By combining this coincidence result and conditions providing nonemptyness of the fuzzy core in multiregional systems we obtain a new equilibrium existence theorem without technological boundedness assumption.
AB - In the paper, existence and coalitional stability problems for Walras equilibrium in the models of multiregional economic systems are considered. Here, we continue investigations on extremal characterization of equilibrium allocations in non-classic market being a modification of the well-known Arrow-Debreu model. It is shown that strict autarchy and non-satiation conditions guarantee coincidence of fuzzy core and Valras plans of the economies under consideration. By combining this coincidence result and conditions providing nonemptyness of the fuzzy core in multiregional systems we obtain a new equilibrium existence theorem without technological boundedness assumption.
UR - http://www.scopus.com/inward/record.url?scp=85040530040&partnerID=8YFLogxK
U2 - 10.1109/SIBIRCON.2017.8109865
DO - 10.1109/SIBIRCON.2017.8109865
M3 - Conference contribution
AN - SCOPUS:85040530040
SP - 176
EP - 181
BT - Proceedings - 2017 International Multi-Conference on Engineering, Computer and Information Sciences, SIBIRCON 2017
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2017 International Multi-Conference on Engineering, Computer and Information Sciences, SIBIRCON 2017
Y2 - 18 September 2017 through 22 September 2017
ER -
ID: 9869905