@techreport{Inoue2009Indivisible,
abstract = {We consider a pure exchange economy with finitely many indivisible commodities that are available only in integer quantities. We prove that in such an economy with a sufficiently large number of agents, but finitely many agents, the strong core coincides with the set of cost-minimized Walras allocations. Because of the indivisibility, the preference maximization does not imply the cost minimization. A cost-minimized Walras equilibrium is a state where, under some price vector, all agents satisfy both the preference maximization and the cost minimization.},
address = {Bielefeld},
author = {Tomoki Inoue},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {C71; D51; 330; Indivisible commodities; Strong core; Cost-minimized Walras equilibrium; Core equivalence; Gleichgewichtstheorie; Core; Marktmechanismus; Unteilbarkeit; Theorie},
language = {eng},
note = {urn:nbn:de:hbz:361-14901},
number = {417},
publisher = {Inst. of Mathematical Economics, IMW},
title = {Indivisible commodities and an equivalence theorem on the strong core},
type = {Working papers // Institute of Mathematical Economics},
url = {http://hdl.handle.net/10419/43781},
year = {2009}
}