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An 'Average' Lyapunov Convexity Theorem and Some Core Equivalence Results

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Author Info
Lin Zhou (Cowles Foundation, Yale University)

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Abstract

I prove an "average" version of the Lyapunov convexity theorem and apply it to establish some core equivalence results for an atomless economy.

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File URL: http://cowles.econ.yale.edu/P/cd/d09b/d0976.pdf
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Publisher Info
Paper provided by Cowles Foundation, Yale University in its series Cowles Foundation Discussion Papers with number 976.

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Length: 18 pages
Date of creation: May 1991
Date of revision:
Handle: RePEc:cwl:cwldpp:976

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Postal: Yale University, Box 208281, New Haven, CT 06520-8281 USA
Phone: (203) 432-3702
Fax: (203) 432-6167
Web page: http://cowles.econ.yale.edu/
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Postal: Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA

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Related research
Keywords: Convex; core; exchange economy;

Find related papers by JEL classification:
D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
C62 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Existence and Stability Conditions of Equilibrium

References listed on IDEAS
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  1. Anderson, Robert M, 1978. "An Elementary Core Equivalence Theorem," Econometrica, Econometric Society, vol. 46(6), pages 1483-87, November. [Downloadable!] (restricted)
  2. Shapley, Lloyd & Scarf, Herbert, 1974. "On cores and indivisibility," Journal of Mathematical Economics, Elsevier, vol. 1(1), pages 23-37, March. [Downloadable!] (restricted)
  3. Khan, M Ali, 1974. "Some Equivalence Theorems," Review of Economic Studies, Blackwell Publishing, vol. 41(4), pages 549-65, October. [Downloadable!] (restricted)
  4. Kannai, Yakar, 1970. "Continuity Properties of the Core of a Market," Econometrica, Econometric Society, vol. 38(6), pages 791-815, November. [Downloadable!] (restricted)
  5. Lin Zhou, 1991. "Strictly Fair Allocations in Large Exchange Economies," Cowles Foundation Discussion Papers 972, Cowles Foundation, Yale University. [Downloadable!]
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This page was last updated on 2009-12-14.

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