Equivalence of Competitive Equilibria, Fuzzy Cores, and Fuzzy Bargaining Sets in Finite Production Economies
For an exchange economy with a continuum of traders and a finite-dimensional commodity space under some standard assumptions, Aumann showed that the core and the set of competitive allocations (two most important solutions) coincide and Mas-Colell proved that the bargaining set and the set of compet...
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| Format: | Article |
| Language: | English |
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MDPI AG
2022-09-01
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| Series: | Mathematics |
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| Online Access: | https://www.mdpi.com/2227-7390/10/18/3379 |