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Continuity Properties of Walras Equilibrium Points
Authors:Alejandro Jofré  Roger J-B Wets
Institution:(1) Ingeneria Matematica, Universidad de Chile, Santiago, Chile;(2) Department of Mathematics, University of California, Davis, USA
Abstract:We explore convergence notions for bivariate functions that yield convergence and stability results for their max/inf points. The results are then applied to obtain continuity results for Walras equilibrium points under perturbations of the utility functions of the agents.
Keywords:market equilibrium  lopsided convergence  Ky Fan functions  min/sup-points  max/inf-points
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