On the competitive equilibrium in the economy with clubs

被引:0
|
作者
Takekuma, S [1 ]
机构
[1] Hitotsubashi Univ, Grad Sch Econ, Kunitachi, Tokyo 1868601, Japan
关键词
club; competitive equilibrium; Pareto optimum;
D O I
10.15057/7716
中图分类号
F [经济];
学科分类号
02 ;
摘要
The competitive equilibrium is defined for an economy with a club and many identical consumers. In an example of the economy, the existence of the competitive equilibrium is shown. Also, it is proved that any allocation under the competitive equilibrium in the economy is Pareto optimum.
引用
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页码:17 / 26
页数:10
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