Core equivalence and welfare properties without divisible goods

DOI10.1016/J.JMATECO.2010.03.001zbMATH Open1232.91475OpenAlexW2035641735MaRDI QIDQ990285FDOQ990285

Authors: Michael Florig, Jorge Rivera 

Publication date: 6 September 2010

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10533/144662

Recommendations

• Core and competitive equilibria with indivisibilities
• Indivisible commodities and an equivalence theorem on the strong core
• Non-coalitional Core-Walras equivalence in finitely additive economies with extremely desirable commodities
• Core convergence without monotone preferences and free disposal
• No-Envy and Consistency in Economies with Indivisible Goods
• The fundamental theorems of welfare economics without proper preferences
• Core equivalence with congested public goods
• The equity core and the Lorenz-maximal allocations in the equal division core
• Cores and competitive equilibria with indivisibilities and lotteries
• Strong Core and Competitive Equilibria of an Exchange Market with Indivisible Goods

zbMATH Keywords

competitive equilibriumcorePareto optimumindivisible goods

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Special types of economic markets (including Cournot, Bertrand) (91B54) Welfare economics (91B15)

Cites Work

• Variational Analysis
• Existence of an Equilibrium for a Competitive Economy
• On cores and indivisibility
• Indivisible commodities and general equilibrium theory
• On the cores of economies with indivisible commodities and a continuum of traders
• Core and competitive equilibria with indivisibilities
• Indivisibilites dans une Economie d'Echanges
• The core of an economy with satiation
• Hierarchic competitive equilibria

Cited In (7)

• Walrasian equilibrium as limit of competitive equilibria without divisible goods
• Nullified equal loss property and equal division values
• Core equivalence with congested public goods
• Indivisible commodities and an equivalence theorem on the strong core
• Existence of a competitive equilibrium when all goods are indivisible
• Foundations of pseudomarkets: Walrasian equilibria for discrete resources
• Do pure indivisibilities prevent core equivalence? Core equivalence theorem in an atomless economy with purely indivisible commodities only

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