Measure theoretic economy with bads and externalities

Release time:2023-10-23Views:46

Title:Measure theoretic economy with bads and externalities


Speaker: Haosui Duanmu(Institute for Advanced Study in Mathematics Harbin Institute of Technology


Time: Monday, Oct30, 14:00-15:00


LocationMingde Building, B201-1


Abstract: The existence of equilibrium for measure-theoretic general equilibrium models with bads is a long-standing open problem in general equilibrium theory. We provide sufficient conditions, under which there exists an equilibrium for such a model. The proof represents a novel application of nonstandard analysis.



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