Finitely additive economies with tree extremely desirable commodities

Finitely additive economies with tree extremely desirable commodities

Continuing the investigation on finitely additive economies with infinite dimensional commodity space, we state a core-walras individualistic equivalence for an economy where preferences admit a summable map of extremely desirable commodities. The main result extends previous equivalences obtained b...

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Veröffentlicht in:Journal of mathematical economics 2008-04, Vol.44 (5/6), p.535
1. Verfasser: Martellotti, Anna
Format: Artikel
Sprache:eng
Schlagworte:
Commodities
Economic models
Preferences
Studies
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Zusammenfassung:Continuing the investigation on finitely additive economies with infinite dimensional commodity space, we state a core-walras individualistic equivalence for an economy where preferences admit a summable map of extremely desirable commodities. The main result extends previous equivalences obtained both in the countably additive and in the finitely additive setting. Extra assumptions on the model are discussed via a pair of examples. [PUBLICATION ABSTRACT]
ISSN:0304-4068
1873-1538