In this paper we introduce a model of an exchange economy with indivisible goods and money. There are many agents each of whom owns one unit of each of nitely many different types of indivisible goods and certain amount of money. Each type of indivisible good is subject to quality...

Herbert Scarf is a distinguished economist and has made a number of extraordinarily significant contributions to economics, game theory and operations research. This work has generated a major research field in economics termed Applied General Equilibrium Analysis. This book comprises all his...

This paper presents a model of partnership formation. A set of agents wants to conduct some business or other activities. Agents may act alone or seek a partner for cooperation and need in the latter case to consider with whom to cooperate and how to share the profit in a collaborative and...

In this paper we consider a class of economies with a finite number of divisible commodities, linear production technologies, and indivisible goods, and a finite number of agents. This class contains several well-known economies with indivisible goods and money as special cases. It is shown that...