Geodesic
A note on economic equilibrium with nonsatiated utility functions
Magdalena Nockowska-Rosiak1
1 Institute of Mathematics Technical University of Łódź Wólczańska 215 90-924 Łódź, Poland
Applicationes Mathematicae, Tome 40 (2013) no. 1, pp. 117-126 Cet article a éte moissonné depuis la source Institute of Mathematics Polish Academy of Sciences

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The purpose of this paper is to prove the existence of a Walrasian equilibrium for the Arrow–Debreu and Arrow–Debreu–McKenzie models with positive price vector with nonsatiated utility functions of consumers by using variational inequalities. Moreover, the same technique is used to give an alternative proof of the existence of a Walrasian equilibrium for the Arrow–Debreu and Arrow–Debreu–McKenzie models with nonnegative, nonzero price vector with nonsatiated utility functions.
DOI : 10.4064/am40-1-8
Keywords: purpose paper prove existence walrasian equilibrium arrow debreu arrow debreu mckenzie models positive price vector nonsatiated utility functions consumers using variational inequalities moreover technique alternative proof existence walrasian equilibrium arrow debreu arrow debreu mckenzie models nonnegative nonzero price vector nonsatiated utility functions

Magdalena Nockowska-Rosiak 1

1 Institute of Mathematics Technical University of Łódź Wólczańska 215 90-924 Łódź, Poland 
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Magdalena Nockowska-Rosiak. A note on economic equilibrium with nonsatiated utility functions. Applicationes Mathematicae, Tome 40 (2013) no. 1, pp. 117-126. doi: 10.4064/am40-1-8

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