A Simple Characterization of Supply Correspondences
Theoretical Economics
2022-05-24 v1
Abstract
We prove that supply correspondences are characterized by two properties: the law of supply and being homogeneous of degree zero.
Cite
@article{arxiv.2205.10472,
title = {A Simple Characterization of Supply Correspondences},
author = {Alexey Kushnir and Vinod Krishnamoorthy},
journal= {arXiv preprint arXiv:2205.10472},
year = {2022}
}
Comments
9 pages, 1 figure