Arbeitspapier
Strong core equivalence theorem in an atomless economy with indivisible commodities
We consider an atomless exchange economy with indivisible commodities. Every commodity can be consumed only in integer amounts. In such an economy, because of the indivisibility, the preference maximization does not imply the cost minimization. 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.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Papers ; No. 418
- Klassifikation
-
Wirtschaft
Cooperative Games
Exchange and Production Economies
- Thema
-
Indivisible commodities
Core equivalence
Strong core
Cost-minimized Walras equilibrium
Gleichgewichtstheorie
Core
Marktmechanismus
Unteilbarkeit
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Inoue, Tomoki
- Ereignis
-
Veröffentlichung
- (wer)
-
Bielefeld University, Institute of Mathematical Economics (IMW)
- (wo)
-
Bielefeld
- (wann)
-
2009
- Handle
- URN
-
urn:nbn:de:hbz:361-14915
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Inoue, Tomoki
- Bielefeld University, Institute of Mathematical Economics (IMW)
Entstanden
- 2009
Ähnliche Objekte (12)
Indivisible commodities and an equivalence theorem on the strong core
Indivisible commodities and an equivalence theorem on the strong core
Strong core equivalence theorem in an atomless economy with indivisible commodities
Afriat's Theorem for Indivisible Goods
Equilibrium analysis of exchange economies with indivisible commodities
Core allocations may not be Walras allocations in any large finite economy with indivisible commodities
Core allocations may not be Walras allocations in any large finite economy with indivisible commodities
Strong limit theorems in noncommutative L2-spaces
Strong limit theorems in non-commutative probability
Testing the Ricardian equivalence theorem: Time series evidence from Turkey
A monotone convergence theorem for strong Feller semigroups
Dividing the Indivisible
Indivisible commodities and an equivalence theorem on the strong core
Indivisible commodities and an equivalence theorem on the strong core
Strong core equivalence theorem in an atomless economy with indivisible commodities
Afriat's Theorem for Indivisible Goods
Equilibrium analysis of exchange economies with indivisible commodities
Core allocations may not be Walras allocations in any large finite economy with indivisible commodities
Core allocations may not be Walras allocations in any large finite economy with indivisible commodities
Strong limit theorems in noncommutative L2-spaces
Strong limit theorems in non-commutative probability
Testing the Ricardian equivalence theorem: Time series evidence from Turkey
A monotone convergence theorem for strong Feller semigroups
Dividing the Indivisible
Indivisible commodities and an equivalence theorem on the strong core
Indivisible commodities and an equivalence theorem on the strong core
Strong core equivalence theorem in an atomless economy with indivisible commodities
Afriat's Theorem for Indivisible Goods
Equilibrium analysis of exchange economies with indivisible commodities
Core allocations may not be Walras allocations in any large finite economy with indivisible commodities
Core allocations may not be Walras allocations in any large finite economy with indivisible commodities
Strong limit theorems in noncommutative L2-spaces
Strong limit theorems in non-commutative probability
Testing the Ricardian equivalence theorem: Time series evidence from Turkey
A monotone convergence theorem for strong Feller semigroups