Approximate Cores of a General Class of Economies: Part II. Set-Up Costs and Firm Formation in Coalition Production Economies

A general model of a coalition production economy allowing set-up costs, indivisibilities, and non-convexities is developed. It is shown that for all sufficiently large replications, approximate cores of the economy are non-empty.

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Year of publication:	1982-02
Authors:	Shubik, Martin ; Wooders, Myrna Holtz
Institutions:	Cowles Foundation for Research in Economics, Yale University

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Extent:	application/pdf
Series:	Cowles Foundation Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	CFP 592. Published in Mathematical Social Sciences (1983), 6: 285-306 The price is None Number 619 36 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005593184