Core equivalence with large agents

• Tác giả: Aubrey Clark
• Ngôn ngữ: eng
• Ký hiệu phân loại: 378.15 Specific levels of higher education, evening school
• Thông tin xuất bản: 2021
• Bộ sưu tập: Metadata
• ID: 166485

Tóm tắt

This paper studies the relationship between core and competitive equilibira in economies that consist of a continuum of agents and some large agents. We construct a class of these economies in which the core and competitive allocations do not coincide.