A Further Generalization of the Gale-Nikaido-Kuhn-Debreu Market Equilibrium Theorem

Fuente: arXiv
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Main Author: Vohra, Ranjit
Format: Preprint
Published: 2025
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author Vohra, Ranjit
author_facet Vohra, Ranjit
contents We extend the important generalizations by Yannelis [25] and Cornet et al [7] of the classical result of Gale, Nikaido, Kuhn and Debreu (the "GNKD theorem") regarding existence of market equilibrium, by broadening the applicability of their results, which apply only to economies with commodity space that can be modeled by a locally convex Hausdorff space, to the wider class of economies with commodity spaces describable by any Hausdorff topological vector space with nontrivial continuous dual.
format Preprint
id arxiv_https___arxiv_org_abs_2507_17669
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle A Further Generalization of the Gale-Nikaido-Kuhn-Debreu Market Equilibrium Theorem
Vohra, Ranjit
Functional Analysis
We extend the important generalizations by Yannelis [25] and Cornet et al [7] of the classical result of Gale, Nikaido, Kuhn and Debreu (the "GNKD theorem") regarding existence of market equilibrium, by broadening the applicability of their results, which apply only to economies with commodity space that can be modeled by a locally convex Hausdorff space, to the wider class of economies with commodity spaces describable by any Hausdorff topological vector space with nontrivial continuous dual.
title A Further Generalization of the Gale-Nikaido-Kuhn-Debreu Market Equilibrium Theorem
topic Functional Analysis
url https://arxiv.org/abs/2507.17669