Abstract
A general equilibrium model of economies with differentiated commodities and infinitely many producers and consumers is developed. In particular, results on the existence of quasi-equilibria and equilibria are proved. The key assumption for the quasi-equilibrium existence result is that preferences and production sets are uniformly proper.
I wish to thank E. Dierker, M. Nermuth, J. Ostroy, and W. Zame for valuable comments.
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Podczeck, K. (1998). Quasi-Equilibrium and Equilibrium in a Large Production Economy with Differentiated Commodities. In: Abramovich, Y., Avgerinos, E., Yannelis, N.C. (eds) Functional Analysis and Economic Theory. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-72222-6_14
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