Tiebout economies with differential genetic types and endogenously chosen crowding characteristics (Q5945728): Difference between revisions

The authors study properties of Tiebout economies answering abstract questions in general equilibrium theory and imposing (almost) no structure on preferences or the form of crowding. Nevertheless they give rich comments on special cases of their general model, which can be subsumed. In some lines in front of the Appendix they consider questions, which belong to the topic of their paper but are not treated, those of existence of equilibria and nonemptyness of the core. As an interesting answer they give hints to \(\varepsilon\)-equilibria, approximated cores and suitable limit processes.