TITLE:
Existence of a Walrasian Equilibrium in Locally Convex Topological Vector Spaces, with Interdependent Utility Functions
AUTHORS:
Elvio Accinelli, Aramando García, Marisol Torres
KEYWORDS:
Pseudo Games, Generalized Economies, Topological Vector Spaces, Walrasian Equilibrium
JOURNAL NAME:
Theoretical Economics Letters,
Vol.7 No.1,
December
31,
2016
ABSTRACT: In this paper we extend the well known result of existence of Walrasian equilibrium
given in Debreu (1952) to economies modeled over topological vector spaces. Our
work is closely related to the previous results of Yannelis-Pranhakar (1983), and Tan
and Yuan (1999), but unlike these papers we prove the existence of a Walrasian equilibrium
in infinite dimensional economies with interdependent and price-dependent
utilities.