• Willy Spanjers
Part of the Theory and Decision Library book series (TDLC, volume 15)


In analyzing hierarchically structured economies, we have two main goals. The first is to establish the existence of equilibrium for an interesting class of economies. Secondly, we would like to obtain some well known market forms, and Walrasian equilibrium in particular, as special cases.


Equilibrium Price Utility Level Price Vector Initial Endowment Monopoly Price 
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Copyright information

© Springer Science+Business Media Dordrecht 1997

Authors and Affiliations

  • Willy Spanjers
    • 1
  1. 1.University of SaarlandSaarbrückenGermany

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