کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
972979 932728 2010 4 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Local strict envy-freeness in large economies
کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات ریاضیات کاربردی
پیش نمایش صفحه اول مقاله
Local strict envy-freeness in large economies
چکیده انگلیسی
This paper proposes a concept of local strict envy-freeness (LS-envy-freeness), which is a local version of Zhou's (1992) strict envy-freeness, and investigates its implications in large economies. In spite of the weakness of this concept, it works effectively by combining with efficiency. It is shown that an LS-envy-free and efficient allocation is a strict envy-free allocation. That is, efficiency expands the local version of strict envy-freeness into strict envy-freeness. Therefore, the set of LS-envy-free and efficient allocations coincides with the set of equal-income Walrasian allocations.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Mathematical Social Sciences - Volume 59, Issue 3, May 2010, Pages 319-322
نویسندگان
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