An elementary core equivalence theorem in a countable economy.
type: Item
instance of: scholarly article
title: An elementary core equivalence theorem in a countable economy.
zbMATH Open document ID: 1034.91053
author: Attila Tasnádi
published in: Decisions in Economics and Finance
publication date: 2002-01-01T00:00:00Z
review text: The referred paper naturally extends the finite exchange economy model to the case of countably many traders. The fact that the core of such economy is empty leads to the attempt to modify its definition. It is done by strenghtening the demands putted to the coalition which ``improves upon'' the core outcomes. Namely, it is to involve costs, too. For this modification, the proof of the core equivalence is presented, and the non-emptiness of such core is shown, as well.
reviewed by: Milan Mareš
Mathematics Subject Classification ID: 91B50
Mathematics Subject Classification ID: 91B54
zbMATH DE Number: 1885721
zbMATH Keywords: exchange economy
zbMATH Keywords: traders
zbMATH Keywords: countable set of traders
zbMATH Keywords: core of a market
zbMATH Keywords: coalition
zbMATH Keywords: costs
zbMATH Keywords: market
MaRDI profile type: Publication
full work available at URL: s102030200008
OpenAlex ID: W2031894184
DOI: 10.1007/S102030200008
description: scientific article; zbMATH DE number 1885721