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ISSN(Online) 2234-3008
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J. Korean Math. Soc. 1996; 33(1): 25-29
Printed March 1, 1996
Copyright © The Korean Mathematical Society.
On the existence of equilibrium price
Won Kyu Kim and Dong Il Rim
Chungbuk National University and Chungbuk National University
The purpose of this note is to give a simple proof of the existence of the equilibrium price and also to give a new kind of existence result of market equilibrium price.
Keywords: The Debreu-Gale-Nikaido theorem, KKM-theorem, market equilibrium
MSC numbers: Primary 90A12 ; Secondary 54C65
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