Symmetric Smooth Consumption Externalities
基于平滑消费外部性的纯交换经济模型，研究通过市场网络内部化外部效应如何导致均衡集合中的对称性破缺，并强调均衡分配对科斯式权利分配方式的敏感性。
Based on Arrow's model of a pure exchange economy with smooth consumption externalities, this paper studies how the internalization of external effects through a network of markets between agents introduces symmetry breakings in the set of equilibria. It shows indeed how identical agents can be treated asymmetrically by complete markets. This work emphasizes that equilibrium allocations may be very sensitive to the way Coase-type rights are distributed:Journal of Economic LiteratureClassification Numbers: D50, D62, H23, K11.