Abstract
Until now we have considered the number m of agents in an economy as a fixed datum . In a large economy , however , it is hard to count exactly the number of agents . Overlooking an average person should not have much effect on the equilibrium set . Roughly speaking, one expects intuitively that the equilibrium set depends not only continuously on each individual’s characteristics but also “continuously” on m . Unfortunately continuous dependence on a discrete variable doesn’t say anything . To understand the situation we must clarify our viewpoint .
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© 1974 Springer-Verlag · Berlin Heidelberg
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Dierker, E. (1974). Large Economies. In: Topological Methods in Walrasian Economics. Lecture Notes in Economics and Mathematical Systems, vol 92. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-65800-6_12
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DOI: https://doi.org/10.1007/978-3-642-65800-6_12
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-06622-4
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