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Testable Restrictions on the Equilibrium Manifold under Random Preferences

Andrés
Carvajal
Sábado, 1 Marzo 2003

General equilibrium theory was criticized for its apparent irrefutability, as seemingly implied by the Sonnenschein-Mantel-Debreu theorem. This view was challenged by Brown and Matzkin (1996), who showed the existence of testable restrictions on the equi