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Existence of competitive equilibrium in a non-optimal one-sector economy without conditions on the distorted marginal product of capital.
Bertrand Crettez
Lisa Morhaim
Published in:
Math. Soc. Sci. (2012)
Keyphrases
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lipschitz continuity
life cycle
profit maximizing
optimal solution
higher education
set valued
closed form
probability distribution
dynamic programming
worst case
social networks
expected cost
marginal distributions
product quality
np hard
website
information systems