### Abstract

Original language | English |
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Place of Publication | Tilburg |

Publisher | Microeconomics |

Number of pages | 14 |

Volume | 1999-22 |

Publication status | Published - 1999 |

### Publication series

Name | CentER Discussion Paper |
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Volume | 1999-22 |

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### Cite this

*Proof of the Existence Theorem of a Model Distinguishing Production and Consumption Bundles*. (CentER Discussion Paper; Vol. 1999-22). Tilburg: Microeconomics.

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**Proof of the Existence Theorem of a Model Distinguishing Production and Consumption Bundles.** / Schalk, S.

Research output: Working paper › Discussion paper › Other research output

TY - UNPB

T1 - Proof of the Existence Theorem of a Model Distinguishing Production and Consumption Bundles

AU - Schalk, S.

N1 - Pagination: 14

PY - 1999

Y1 - 1999

N2 - In [9], a model of a private ownership economy is presented in which production and consumption bundles are treated separately. Each of the two types of bundles is assumed to establish a convex cone. The main part in the modelling is the intro- duction of production technologies which can be thought of as replacing the notion of production sets in Arrow and Debreu's model. In this paper, it is proved that under mild economically interpretable conditions, presented in [9], a Walrasian equilibrium exists

AB - In [9], a model of a private ownership economy is presented in which production and consumption bundles are treated separately. Each of the two types of bundles is assumed to establish a convex cone. The main part in the modelling is the intro- duction of production technologies which can be thought of as replacing the notion of production sets in Arrow and Debreu's model. In this paper, it is proved that under mild economically interpretable conditions, presented in [9], a Walrasian equilibrium exists

M3 - Discussion paper

VL - 1999-22

T3 - CentER Discussion Paper

BT - Proof of the Existence Theorem of a Model Distinguishing Production and Consumption Bundles

PB - Microeconomics

CY - Tilburg

ER -