The Survival Assumption in Intertemporal Economies
Bibliographic Data
| ID | 19088534 |
|---|---|
| Authors | Jean‐marc Bonnisseau (0000-0002-8156-2229, corresponding author), Jean-Marc Bonnisseau (Paris School of Economics and Université Paris 1 Panthéon-Sorbonne), Alexandrine Jamin (Université Paris 1 Panthéon-Sorbonne) |
| Year | 2011 |
| Volume | 11 |
| Issue | 1 |
| Publication date | 2011-06-08 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | The B E Journal of Theoretical Economics (JOURNAL) |
| Journal identifiers | ISSN: 1935-1704 • E-ISSN: 2194-6124 |
| Publisher | De Gruyter (PUBLISHER • DE) |
| DOI | 10.2202/1935-1704.1781 |
| OpenAlex | W2098685322 |
| Language | EN |
| References cited | 2 |
In an economy with a non-convex production sector, we provide an assumption on each individual producer, which implies that the survival assumption holds true at the aggregate level for general pricing rules. For the marginal pricing rule, we derive this assumption from the bounded marginal productivity of inputs. We apply this approach to intertemporal economies and we show how our assumption fits well with the time structure. We obtain a tractable existence result of equilibria for discrete time growth models
Bounded function · Econometrics · Economics · Macroeconomics · Marginal cost · Mathematical economics · Microeconomics · Productivity · Regular polygon · Economic theories and models · Economic Theory and Policy · Mathematics · Optimization and Variational Analysis
| Citation velocity | historical |
|---|---|
| Highly cited | No |