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Perfect Competition or the Core

Author

Listed:
  • : Karl Vind

    (Institute of Economics, University of Copenhagen)

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.

Suggested Citation

  • : Karl Vind, 1993. "Perfect Competition or the Core," Discussion Papers 93-12, University of Copenhagen. Department of Economics.
    • Handle: RePEc:kud:kuiedp:9312
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    Cited by:

    1. is not listed on IDEAS
    2. Marakulin, V., 2011. "Contracts and Domination in Competitive Economies," Journal of the New Economic Association, New Economic Association, issue 9, pages 10-32.
    3. 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.

    More about this item

    Keywords

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    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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