Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/43781
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dc.contributor.authorInoue, Tomokien_US
dc.date.accessioned2011-01-24T10:22:58Z-
dc.date.available2011-01-24T10:22:58Z-
dc.date.issued2009en_US
dc.identifier.piurn:nbn:de:hbz:361-14901en_US
dc.identifier.urihttp://hdl.handle.net/10419/43781-
dc.description.abstractWe 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.en_US
dc.language.isoengen_US
dc.publisher|aInst. of Mathematical Economics, IMW |cBielefelden_US
dc.relation.ispartofseries|aWorking papers // Institute of Mathematical Economics |x417en_US
dc.subject.jelC71en_US
dc.subject.jelD51en_US
dc.subject.ddc330en_US
dc.subject.keywordIndivisible commoditiesen_US
dc.subject.keywordStrong coreen_US
dc.subject.keywordCost-minimized Walras equilibriumen_US
dc.subject.keywordCore equivalenceen_US
dc.subject.stwGleichgewichtstheorieen_US
dc.subject.stwCoreen_US
dc.subject.stwMarktmechanismusen_US
dc.subject.stwUnteilbarkeiten_US
dc.subject.stwTheorieen_US
dc.titleIndivisible commodities and an equivalence theorem on the strong coreen_US
dc.type|aWorking Paperen_US
dc.identifier.ppn616897057en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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