کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
9726625 1479285 2005 31 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Do pure indivisibilities prevent core equivalence? Core equivalence theorem in an atomless economy with purely indivisible commodities only
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات ریاضیات کاربردی
پیش نمایش صفحه اول مقاله
Do pure indivisibilities prevent core equivalence? Core equivalence theorem in an atomless economy with purely indivisible commodities only
چکیده انگلیسی
We consider a pure exchange economy with a continuum of agents and finitely many indivisible commodities. Every commodity can be consumed only in integer amounts. Thus, agents' preferences are locally satiated and no commodity bundle has necessarily local cheaper points. We introduce a core which is an intermediate concept between the strong core and the weak core. In our economy, this core is the most natural concept in the sense that it coincides with the set of all exactly feasible Walras allocations.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Mathematical Economics - Volume 41, Issues 4–5, August 2005, Pages 571-601
نویسندگان
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