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Competitive Equilibria and the Core. One agent per generation

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The Social Viability of Money

Part of the book series: Lecture Notes in Economics and Mathematical Systems ((LNE,volume 372))

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Abstract

In Chapter V we identified the necessary and sufficient conditions for a consumption allocation to belong to the core of the economy. However, we have not examined whether the core contains any consumption allocation which can be implemented by means of the competitive mechanism.

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© 1991 Springer-Verlag Berlin Heidelberg

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Esteban, J. (1991). Competitive Equilibria and the Core. One agent per generation. In: The Social Viability of Money. Lecture Notes in Economics and Mathematical Systems, vol 372. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-46755-4_6

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  • DOI: https://doi.org/10.1007/978-3-642-46755-4_6

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-54649-8

  • Online ISBN: 978-3-642-46755-4

  • eBook Packages: Springer Book Archive

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