Measuring the set of blocking coalitions in infinite dimensional economies

被引:0
|
作者
Graziano M.G. [1 ]
机构
[1] Department of Business Administration, University of Calabria
关键词
Mathematics Subject Classification (2000):90A14, 90D12; Journal of Economic Literature Classification:D51, C71;
D O I
10.1007/s102030070002
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学科分类号
摘要
The classical core-Walras equivalence is investigated via the measurement of the set of blocking coalitions. In the framework of continuum economies with an infinite dimensional space of commodities, we find the measure of the set of coalitions that block a non-competitive Pareto optimal allocation. Then, from the relation between coalitions of a continuum economy with a finite number of types and fuzzy coalitions of an economy with finitely many agents, the previous results are translated as results on the measure of blocking fuzzy coalitions. Both results imply classically formulated core-Walras equivalence theorems. Finally, the measure of blocking "social communication structures" is determined. © Springer-Verlag 2000.
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页码:101 / 120
页数:19
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