Existence of equilibrium distributions in economic systems with  non convex technological sets of manufacturers

Economic & mathematical methods and models

The present paper is devoted to the analysis of equilibrium models of economic systems. We study situations where, in contrast to classical cases, the convexity of technological sets of manufacturers of particular type is assumed to be violated. The properties associated with the characteristics of such economies are determined. The existence of equilibrium prices and equilibrium distributions of goods has been proven.