Abstract
We study an exchange economy comprising $n$ agents,where the excess demands by the agents are random variables. We show that under certain conditions the set of price equilibria is nonempty. We also prove a theorem concerning the convergence of the random price equilibria toward the price equilibria of an associated “expectation economy.”
Citation
Esa Nummelin. "On the existence and convergence of price equilibria for random economies." Ann. Appl. Probab. 10 (1) 268 - 282, February 2000. https://doi.org/10.1214/aoap/1019737673
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