Re: General Equilibrium - June 17

Posted by komal on Jun 17, 2012; 1:56pm
URL: http://discussion-forum.276.s1.nabble.com/General-Equilibrium-June-17-tp7577923p7577983.html


 p=4 can also be equilibrium
where  first individual with utility 3x + y consumes (3/4, 2)
 and second with utility = 4x +y consumes (5/4,0) ,
 am i right ?
 i m not able to understand why is there only one walrasian equilibrium ,  even this appears to me as walrasian equilibrium. where m i wrong ?