Arbeitspapier
Convex vNM-stable sets for a semi orthogonal game. Part II: Rich central commodity
This paper constitutes the second part in a series dealing with vNM-Stable sets for (cooperative) linear production games with a continuum of players, see [2]. The coalitional function is generated by r + 1 production factors (non atomic measures). R factors are given by orthogonal probabilities (cornered production factors) while factor r + 1^th is provided across the corners of the market. We consider convex vNM-Stable Sets of this game. Within the second part we present an economy reflecting relative abundance of the central commodity. In this situation the model allows for a vNM-Stable Set including but not equal to the core of the game. Rather there is an additional imputation such that the vNM-Stable Set is the convex hull of this imputation and the core. This imputation is essentially described by the density of the r + 1^st production factor - mutatis mutandis.
- Sprache
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Englisch
- Erschienen in
-
Series: Center for Mathematical Economics Working Papers ; No. 498
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Rosenmüller, Joachim
- Ereignis
-
Veröffentlichung
- (wer)
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Bielefeld University, Center for Mathematical Economics (IMW)
- (wo)
-
Bielefeld
- (wann)
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2014
- Handle
- URN
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urn:nbn:de:0070-pub-26753291
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Rosenmüller, Joachim
- Bielefeld University, Center for Mathematical Economics (IMW)
Entstanden
- 2014
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