Core Retionalizability in Two-Agent Exchange Economies
We provide a characterization of selection correspondences in two-person exchange economies that can be core rationalized in the sens that there exists a preference profil with some standard properties that generates the observed choices as the set core elements of the economy for any given initial endowment vector.
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|Date of creation:||2000|
|Date of revision:|
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- Brown, Donald J & Matzkin, Rosa L, 1996.
"Testable Restrictions on the Equilibrium Manifold,"
Econometric Society, vol. 64(6), pages 1249-62, November.
- Amartya K. Sen, 1971. "Choice Functions and Revealed Preference," Review of Economic Studies, Oxford University Press, vol. 38(3), pages 307-317.
- Sprumont, Yves, 2000. "On the Testable Implications of Collective Choice Theories," Journal of Economic Theory, Elsevier, vol. 93(2), pages 205-232, August.
- Ray, Indrajit & Zhou, Lin, 2001.
"Game Theory via Revealed Preferences,"
Games and Economic Behavior,
Elsevier, vol. 37(2), pages 415-424, November.
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