Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062708 | Economics Letters | 2006 | 5 Pages |
Abstract
In this note the core of an exchange economy with a finite number of commodities and agents is characterized by a family of polynomial inequalities. By the Tarski-Seidenberg theorem the core is, thus, a theoretical concept that can be formulated in terms of observables only.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Ruediger Bachmann,