AN INFINITE-DIMENSIONAL EXTENSION OF THE THEORY OF DECENTRALIZED MECHANISMS

被引:0
|
作者
AIZPURUA, J
MANRESA, A
机构
[1] UNIV AUTONOMA BARCELONA,DPTO ECON & HA ECON,E-08193 BARCELONA,SPAIN
[2] UNIV PUBL NAVARRA NAFARROAK UNIBERTSITATE PUBLIKOA,E-31006 PAMPLONA,SPAIN
关键词
RESOURCE ALLOCATION MECHANISMS; DECENTRALIZATION; INFORMATIONAL EFFICIENCY;
D O I
10.1016/0165-4896(93)90003-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
The purpose of this paper is to show that the general mathematical theory of decentralized resource allocation processes can be extended to infinite dimensional spaces. We extend a topological result due to Hurwicz and we also offer an economic example as an application of the general theory. This example extends some previous results to the case with infinitely many commodities.
引用
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页码:157 / 173
页数:17
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