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It is well known that the analysis of efficient specialization in Ricardian production with many countries and many commodities cannot be broken down to the simple case of two countries and two commodities. By drawing on some recent results of convex geometry and the theory of cephoids, this...
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It is well known that the analysis of efficient specialization in Ricardian production with many countries and many commodities cannot be broken down to the simple case of two countries and two commodities. By drawing on some recent results of convex geometry and the theory of cephoids, this...
Persistent link: https://www.econbiz.de/10008934952
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We characterize convex vNM-Stable Sets according to von Neumann and Morgenstern for orthogonal linear production games with a continuum of players. The results of Rosenmüller & Shitovitz [International journal of game theory 29 (2000), pp. 39-61] are thereby substantially improved....
Persistent link: https://www.econbiz.de/10003771279
A cephoid is a Minkowski sum of finitely many prisms in R^n. We discuss the concept of duality for cephoids. Also, we show that the reference number uniquely defines a face. Based on these results, we exhibit two graphs on the outer surface of a cephoid. The first one corresponds to a maximal...
Persistent link: https://www.econbiz.de/10003730907
We discuss the structure of those polytopes in /R/n+ that are Minkowski sums of prisms. A prism is the convex hull of the origin and "n" positive multiples of the unit vectors. We characterize the defining outer surface of such polytopes by describing the shape of all maximal faces. As this...
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