A note on the core |
| |
Authors: | Yan-An Hwang |
| |
Institution: | 1. Department of Applied Mathematics, National Dong Hwa University, Hualien, 974, Taiwan
|
| |
Abstract: | This note studies an exchange economy in which there are n traders and n “kinds” of commodities. Each trader has n utility functions corresponding to n “kinds” of commodities, respectively. Thus, a multiple non-transferable utility game can be derived from this exchange economy. It is shown that a sufficient condition for non-emptiness of the core of a multiple non-transferable utility game. The result is an extension of Scarf-Billera theorem. |
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|