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, the set of Walrasian payoff vectors of the induced coalition production economy coincides with the core of the balanced …
Persistent link: https://www.econbiz.de/10010272566
core coincides with the set of cost-minimized Walras allocations. Because of the indivisibility, the preference …
Persistent link: https://www.econbiz.de/10010272567
. We prove that the strong core coincides with the set of cost-minimized Walras allocations which satisfy both the …
Persistent link: https://www.econbiz.de/10010272569
. Do pure indivisibilities prevent core equivalence? Core equivalence theorem in an atomless economy with purely … agents, the core coincides with the set of Walras allocations. We show that this equivalence holds only in an atomless … economy by giving two examples of the sequence of replica economies such that in any replica economy, there exists a core …
Persistent link: https://www.econbiz.de/10010272603
. Do pure indivisibilities prevent core equivalence? Core equivalence theorem in an atomless economy with purely … agents, the core coincides with the set of Walras allocations. We show that this equivalence holds only in an atomless … economy by giving two examples of the sequence of replica economies such that in any replica economy, there exists a core …
Persistent link: https://www.econbiz.de/10009452560
, the set of Walrasian payoff vectors of the induced coalition production economy coincides with the core of the balanced …
Persistent link: https://www.econbiz.de/10009452568
Persistent link: https://www.econbiz.de/10003709084
. Do pure indivisibilities prevent core equivalence? Core equivalence theorem in an atomless economy with purely … agents, the core coincides with the set of Walras allocations. We show that this equivalence holds only in an atomless … economy by giving two examples of the sequence of replica economies such that in any replica economy, there exists a core …
Persistent link: https://www.econbiz.de/10003921358
core coincides with the set of cost-minimized Walras allocations. Because of the indivisibility, the preference …, all agents satisfy both the preference maximization and the cost minimization. -- Indivisible commodities ; Strong core … ; Cost-minimized Walras equilibrium ; Core equivalence …
Persistent link: https://www.econbiz.de/10003921399
. We prove that the strong core coincides with the set of cost-minimized Walras allocations which satisfy both the … preference maximization and the cost minimization under the same price vector. -- Indivisible commodities ; Core equivalence … ; Strong core ; Cost-minimized Walras equilibrium …
Persistent link: https://www.econbiz.de/10003921413