Equilibrium with non-convex preferences: some insights
Equilibrium with non-convex preferences: some insights ArXiv ID: 2503.16890 “View on arXiv” Authors: Unknown Abstract We study the existence of equilibrium when agents’ preferences may not beconvex. For some specific utility functions, we provide a necessary and sufficientcondition under which there exists an equilibrium. The standard approach cannot be directly applied to our examples because the demand correspondence of some agents is neither single-valued nor convex-valued. Keywords: General Equilibrium, Non-Convex Preferences, Demand Correspondence, Market Equilibrium, Utility Functions, General Equilibrium Theory ...