具有强凸偏好的核心理论

Core Theory with Strongly Convex Preferences

Econometrica · 1981
被引 42
人大 A+FT50ABS 4*

中文导读

研究一类强凸偏好经济体的核心极限定理,在禀赋温和假设下证明强核心收敛,结果推广了Hildenbrand的经典结论,适合关注一般均衡与核心理论的学者。

Abstract

We consider economies with preferences drawn from a very general class of strongly convex preferences, closely related to the class of convex (but intransitive and incomplete) preferences for which Mas-Colell proved the existence of competitive equilibria [13]. We prove a strong core limit theorem for sequences of such economies with a mild assumption on endowments (the largest endowment is small compared to the total endowment) and a uniform convexity condition. The results extend corresponding results in Hildenbrand's book [8]. The proof, which is based on our earlier result for economies with more general preferences [2], is elementary.

强凸偏好核心极限定理竞争均衡禀赋条件