大型交换经济中的严格公平分配

Strictly fair allocations in large exchange economies

Journal of Economic Theory · 1992
被引 40
人大 AABS 4

中文导读

提出严格公平分配概念,证明在大型交换经济中,当效用函数可微时,严格公平分配集等于等收入瓦尔拉斯均衡集,并扩展到含原子和无原子部门的经济,改进了对等收入瓦尔拉斯均衡的效率与公平刻画。

Abstract

In this paper we introduce the concept of a strictly fair allociation and investigate the set of strictly fair allocations in large exchange economies. We prove that when agents' utility functions are differentiable, the set of strictly fair allocations coincides with the set of equal-income Walrasian equilibria. This is shown using both the “limit theorem” approach and the “limit economy” approach. We also extend the analysis to economies that have both atoms and an atomless sector. These results substantially improve upon the existing characterizations of equal-income Walrasian equilibria in terms of economic efficiency and economic equity.

严格公平配置等收入瓦尔拉斯均衡大交换经济极限定理