Core convergence;
Small income transfers;
APPROXIMATE EQUILIBRIA;
NONCONVEX PREFERENCES;
CONVERGENCE;
THEOREM;
D O I:
10.1016/j.jmateco.2009.06.010
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
We show that, given any allocation f in the core of an exchange economy, we can find small income transfers and a Walrasian allocation (f) over tilde relative to the transfers such that most agents are indifferent between f and (f) over tilde. In addition, we can find small income transfers and an approximate Walrasian allocation (f) over cap relative to the transfers such that all agents are indifferent between (f) over cap and f. (C) 2009 Elsevier B.V. All rights reserved.
机构:
Univ Insubria, Dipartimento Sci & Alta Tecnol, Sez Matemat, Via Valleggio 11, I-22100 Como, ItalyUniv Insubria, Dipartimento Sci & Alta Tecnol, Sez Matemat, Via Valleggio 11, I-22100 Como, Italy