Competitive Equilibria and Benefit Distributions of Population Production Economies with External Increasing Returns

被引:1
|
作者
Yang, Zhe [1 ,2 ]
Zhang, Xian [1 ,2 ]
机构
[1] Shanghai Univ Finance & Econ, Sch Econ, Shanghai 200433, Peoples R China
[2] SUFE, Key Lab Math Econ, Minist Educ, Shanghai 200433, Peoples R China
关键词
Population production economy; Competitive equilibrium; TU core; Benefit distribution; NORMAL-FORM GAMES; ALPHA-CORE; EXCHANGE ECONOMIES; COOPERATIVE EQUILIBRIA; EXISTENCE; CONTINUUM; THEOREM; STABILITY; MARKETS;
D O I
10.1007/s40305-021-00340-1
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
Inspired by the work of population games, we establish the model of population production economies with external increasing returns and introduce the notion of competitive equilibria. We first prove the existence of competitive equilibria under some regular assumptions. Furthermore, we assume that there exists the cooperative behavior of different populations. By proving the existence of transferable utility (TU) core, we analyze the benefit distributions of population production economies with external increasing returns.
引用
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页码:723 / 740
页数:18
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