Cato, Susumu - In: Mathematical Social Sciences 59 (2010) 3, pp. 319-322
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...