Clubs and the market: Large finite economies

DOI10.1006/JETH.2001.2795zbMath1014.91071OpenAlexW3125057237MaRDI QIDQ5956276

Bryan Ellickson, Suzanne Scotchmer, Birgit Grodal, William R. Zame

Publication date: 20 February 2002

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://curis.ku.dk/portal/da/publications/clubs-and-the-market(6f7dcd60-74c0-11db-bee9-02004c4f4f50).html

zbMATH Keywords

clubsapproximate coresapproximate equilibrium

Mathematics Subject Classification ID

Cooperative games (91A12) General equilibrium theory (91B50) Special types of economic markets (including Cournot, Bertrand) (91B54)

Related Items (16)

Endogenous formation of security exchanges ⋮ Club theory and household formation ⋮ Competitive equilibria and robust efficiency with club goods ⋮ Bargaining cum voice ⋮ Constitutions and groups ⋮ Groups, collective decisions and markets ⋮ Power at general equilibrium ⋮ On efficient firm formation ⋮ Futures market: contractual arrangement to restrain moral hazard in teams ⋮ Price taking equilibrium in economies with multiple memberships in clubs and unbounded club sizes ⋮ Core equivalence theorem with production ⋮ Fractional matching markets ⋮ Multilateral matching ⋮ Equilibrium in a finite local public goods economy ⋮ Stable Matching in Large Economies ⋮ Household formation and markets

Cites Work

• Unnamed Item
• On approximate cores of non-convex economies
• Competitive equilibrium with local public goods
• Stability of jurisdiction structures in economies with local public goods
• Decentralization in replicated club economies with multiple private goods
• Valuation equilibrium with clubs
• The core and the hedonic core: Equivalence and comparative statics
• Strong Core Theorems with Nonconvex Preferences
• A Critique of Tiebout's Theory of Local Public Expenditures
• Existence of Approximate Equilibria and Cores
• Existence of Approximate Cores with Incomplete Preferences
• An Elementary Core Equivalence Theorem
• Equivalence of the Core and Competitive Equilibrium in a Tiebout Economy with Crowding Types
• Clubs and the Market
• Markets with a Continuum of Traders
• Existence of Competitive Equilibria in Markets with a Continuum of Traders
• Continuity Properties of the Core of a Market

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