Edgeworth equilibria: separable and non-separable commodity spaces

Consider a pure exchange differential information economy with an atomless measure space of agents and a Banach lattice as the commodity space. If the commodity space is separable, then it is shown that the private core coincides with the set of Walrasian expectations allocations. In the case of non-separable commodity space, a similar result is also established if the space of agents is decomposed into countably many different types.

MoreLess

Year of publication:	2013-05-07
Authors:	Bhowmik, Anuj

More details

Type of publication:	Book / Working Paper
Language:	English
Notes:	Bhowmik, Anuj (2013): Edgeworth equilibria: separable and non-separable commodity spaces.
Classification:	D41 - Perfect Competition ; D51 - Exchange and Production Economies ; D82 - Asymmetric and Private Information
Source:	BASE

Persistent link: https://www.econbiz.de/10015236922