The optimistic stability of the core mapping in public goods production economies

We show that in a production economy with public goods and a measure space of agents an allocation belongs to the core of the economy if and only if there exists no allocation in the core of a subeconomy that blocks it.

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Year of publication:	1997-11-09
Authors:	Einy, Ezra ; Shitovitz, Benyamin
Published in:	Economic Theory. - Springer. - Vol. 6.1995, 3, p. 523-528
Publisher:	Springer

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Type of publication:	Article
Notes:	Received: November 24, 1993; revised version May 9, 1994
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005596700