This paper deals with a core-equilibrium equivalence in an economy with public goods where preferences of consumers …

The seminal contribution of Debreu-Scarf (1963) connects the two concepts of core and competitive equilibrium in … exchange economies. In effect, their core-equilibrium equivalence result states that, when the set of economic agents is … replicated, the set of core allocations of the replica economy shrinks to the set of competitive allocations. Florenzano (1989 …

This paper deals with a core-equilibrium equivalence in an economy with public goods where preferences of consumers … ; Edgeworth ; Core ; Decentralization …

This paper deals with a core-equilibrium equivalence in an economy with public goods where preferences of consumers …

. (2006). We first establish that the game is convex. As a consequence, the Shapley value belongs to the core, which enhances …

. (2006). We first establish that the game is convex. As a consequence, the Shapley value belongs to the core, which enhances …