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Perfect competition or the core

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  • Vind, Karl

Abstract

The general concepts final settlement and competition defined by F. Edgeworth (1881) are redefined in a modern setting. The special application--exchange equilibrium--is compared to the later concept of the core. The history of exchange equilibrium is surveyed.
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Suggested Citation

  • Vind, Karl, 1995. "Perfect competition or the core," European Economic Review, Elsevier, vol. 39(9), pages 1733-1745, December.
    • Handle: RePEc:eee:eecrev:v:39:y:1995:i:9:p:1733-1745
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    References listed on IDEAS

    as
    1. Gerard Debreu, 1963. "On a Theorem of Scarf," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 30(3), pages 177-180.
    2. Sutton, John, 1993. "Echoes of Edgeworth: The problem of indeterminacy," European Economic Review, Elsevier, vol. 37(2-3), pages 491-499, April.
    3. Hildenbrand, Werner, 1993. "Francis Ysidro Edgeworth: Perfect competition and the core," European Economic Review, Elsevier, vol. 37(2-3), pages 477-490, April.
    4. Andreu Mas-Colell, 1982. "Perfect Competition and the Core," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 49(1), pages 15-30.
    5. Vind, Karl, 1983. "Equilibrium with coordination," Journal of Mathematical Economics, Elsevier, vol. 12(3), pages 275-285, December.
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    Cited by:

    1. Marakulin, V., 2011. "Contracts and Domination in Competitive Economies," Journal of the New Economic Association, New Economic Association, issue 9, pages 10-32.
    2. Leonidas C. Koutsougeras, 2022. "Coalitions with limited coordination," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(2), pages 439-456, April.

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    More about this item

    JEL classification:

    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General

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