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DEBREU ECONOMY WITH COMPLEMENTARY COMMODITIES

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Lipieta A.
Przegląd Statystyczny
|
2006
|
vol. 53
|
issue 2
86-96
EN
The authoress assumes that at least two of commodities in a Debreu model are complementary. It means that the individual consumption sets are contained in a proper subspace 'V'. She shows thai if individual production sets be changed, to consist only of such numbers of commodities, which consumers are interested in, the equilibrium will be not disturbed. The individual consumption sets, images of the equilibrium price and the images of the individual production sets by a certain linear and continuous projection construct a Debreu mode! which is contained in the space ' V'. Additionally, the utility functions and maximum of profit functions will be not changed. As the result, the whole model becomes less complicated..
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