Theoretical Economics Paper
The Density Form of Equilibrium Prices in Continuous Time and Boiteux's Solution to the Shifting-Peak Problem - (Now published as 'Boiteux's solution to the shifting-peak problem and the equilibrium price density in continuous time', in Economic Theory, vol. 20 (2002), pp.503-537.)
Anthony Horsley and Andrew J Wrobel
Bewley's condition on production sets, imposed to ensure the existence of an equilibrium price density when L? is the commodity space, is weakened to allow applications to continuous-time problems, and especially to peak...Read more...