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dc.contributor.authorInoue, Tomokien_US
dc.date.accessioned2010-11-26en_US
dc.date.accessioned2011-01-24T10:23:45Z-
dc.date.available2011-01-24T10:23:45Z-
dc.date.issued2009en_US
dc.identifier.piurn:nbn:de:hbz:361-14927en_US
dc.identifier.urihttp://hdl.handle.net/10419/43820-
dc.description.abstractWe consider an exchange economy where every commodity can be consumed only in integer amounts. Inoue [Inoue, T., 2005. Do pure indivisibilities prevent core equivalence? Core equivalence theorem in an atomless economy with purely indivisible commodities only. Journal of Mathematical Economics 41, 571-601] proved that in such an economy with a continuum of agents, the core coincides with the set of Walras allocations. We show that this equivalence holds only in an atomless economy by giving two examples of the sequence of replica economies such that in any replica economy, there exists a core allocation that is not a Walras allocation.en_US
dc.language.isoengen_US
dc.publisherInst. of Mathematical Economics, IMW Bielefelden_US
dc.relation.ispartofseriesWorking papers // Institute of Mathematical Economics 419en_US
dc.subject.jelC71en_US
dc.subject.jelD51en_US
dc.subject.ddc330en_US
dc.subject.keywordIndivisible commoditiesen_US
dc.subject.keywordCoreen_US
dc.subject.keywordWalras equilibriumen_US
dc.subject.keywordStrong coreen_US
dc.subject.keywordCost-minimized Walras equilibriumen_US
dc.subject.stwGleichgewichtstheorieen_US
dc.subject.stwCoreen_US
dc.subject.stwMarktmechanismusen_US
dc.subject.stwUnteilbarkeiten_US
dc.subject.stwTheorieen_US
dc.titleCore allocations may not be Walras allocations in any large finite economy with indivisible commoditiesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn616893108en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Papers, Institute of Mathematical Economics, Universität Bielefeld

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