Cores of non-atomic market games (Q850893): Difference between revisions

The referred paper contributes to the theory of values of exchange economies with a continuum of players, and to the theory of the core of the market games related to the considered economy model. It is shown that the cores of all market games are norm compact subsets of non-atomic measures. Moreover, this result can be formulated for market games based on the properties of their non-atomic extensions and on generalizations of the linear production games. It is shown, as well, that the cores of the generalized linear production games admit a convenient representation. Some of those results are interpreted in the Multiple Priors model.