کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
966367 1479276 2009 7 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Walrasian social orderings in exchange economies
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات ریاضیات کاربردی
پیش نمایش صفحه اول مقاله
Walrasian social orderings in exchange economies
چکیده انگلیسی
We study social ordering functions in exchange economies. We show that if a social ordering function satisfies certain Pareto, individual rationality, and local independence conditions, then (i) the set of top allocations of the chosen social ordering is contained in the set of Walrasian allocations and is typically non-empty, and (ii) all individually rational but non-Walrasian allocations are typically ranked indifferently. Thus, such a social ordering function is quite similar to the Walrasian correspondence, which can be regarded as the social ordering function whose associated indifference classes are the set of Walrasian allocations and the set of other allocations.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Mathematical Economics - Volume 45, Issues 1–2, 20 January 2009, Pages 16-22
نویسندگان
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