kaal:claim:6607458-024

Where the contraction condition holds, the computative framework delivers a stronger equilibrium result than the Arrow-Debreu theorem, which asserts existence but yields neither uniqueness without added monotonicity assumptions nor a constructive convergent procedure.

Source quote, verbatim
Where the condition holds, Computative Economics delivers a stronger equilibrium result than the Arrow-Debreu existence theorem: the latter asserts existence but does not deliver uniqueness without additional monotonicity assumptions and does not deliver a constructive convergent procedure.
From

Wulf A. Kaal, Computative Economics A Framework for Economic Analysis under Computational Abundance (2026), VI.C. Uniqueness and Convergence (Banach), p. 19
https://ssrn.com/abstract=6607458 · source PDF

Cite as

Wulf A. Kaal, Computative Economics A Framework for Economic Analysis under Computational Abundance (2026). SSRN: https://ssrn.com/abstract=6607458

Holds when
Classification

mechanismsupport: arguedeconomics

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