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We characterize the core and the competitive allocations of a continuum economy as strong Nash equilibria of an associated game with only two players.
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For an exchange economy, under assumptions which did not bring about the existence of equilibrium with dividends as yet, we prove the non-emptiness of the Edgeworth rejective core. Then, via Konovalov (1998, 2005)’s decentralization result, we solve the equilibrium with dividends existence...
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