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Properties of the Core in Finite Economies, equilibrium allocations . resulting from an ideal, perfectly competitive market system as a benchmark regarding the core, in particular since Walrasian equilibrium allocations have very appealing efficiency and equity properties. This forms the basis for an investigation of the relation between theuncertain 发表于 2025-3-26 13:18:46
The Primitives of Coalitional Exchange,tation of these trade infrastructural institutions, is simply modelled by a collection of potential primitive coalitions Γ. In the trading stage certain of these primitive coalitions will merge into trade coalitions. This chapter explicitly adresses the description and development of the two stage mCOWER 发表于 2025-3-26 19:10:39
Scarcity and Gains from Trade,lts in the literature, I develop several new insights. As the name suggests, . addresses the modelling of a global economy, i.e., it describes the totality of interactions among all economic decision making institutions and persons in a society. These decision makers include individuals, households,