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Journal of Applied and Industrial Mathematics

, Volume 5, Issue 1, pp 130–143 | Cite as

Edgeworth equilibrium in a model of interregional economic relations

  • V. A. Vasil’evEmail author
  • V. I. Suslov
Article

Abstract

We introduce an analog of an Edgeworth equilibrium for a class of multiregional economic systems. We analyze the game-theoretic aspects of the coalition stability of regional development plans and establish a quite general existence theorem for an Edgeworth equilibrium. We discuss the questions of coincidence of the set of these equilibria with the fuzzy core and the set of theWalrasian equilibria of the multiregional systemin question.Our methods rest on a systematic accounting for the polyhedrality of the sets of balanced coalition plans.

Keywords

model of a multiregional system k-subdivision of a model Edgeworth equilibrium fuzzy -core Walrasian equilibrium 

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Copyright information

© Pleiades Publishing, Ltd. 2011

Authors and Affiliations

  1. 1.Sobolev Institute of MathematicsNovosibirskRussia
  2. 2.Institute of Economics and Industrial EngineeringNovosibirskRussia

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