Replica Core Limit Theorem for Economy with Satiation

Material type: 文書・図像類

Author: Urai, Kenほか

Publisher: Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University

Publication date: 2016-04

Material Format: Paper

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Note (General)：: Dividend equilibrium, de ned by Aumann and Dr eze (1986), is one of the most general competitive equilibrium concepts for the market, including satiat...

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Paper

Material Type: 文書・図像類
Title: Replica Core Limit Theorem for Economy with Satiation
Author/Editor: Urai, Ken
Murakami, Hiromi
Author Heading: Urai, Ken
https://nrid.nii.ac.jp/nrid/1000000203597
Murakami, Hiromi
https://nrid.nii.ac.jp/nrid/1000080803072
Publication, Distribution, etc.: Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
Publication Date: 2016-04
Publication Date (W3CDTF): 2016-04
Periodical title: Discussion Papers In Economics And Business
No. or year of volume/issue: 16-9
Volume: 16-9
Pages: 1-7
Text Language Code: eng
Subject Heading: Dividend Equilibrium
Core Equivalence
Replica Economy
Economy with Satiation
Target Audience: 一般
Note (General): Dividend equilibrium, de ned by Aumann and Dr eze (1986), is one of the most general competitive equilibrium concepts for the market, including satiated consumers. Konovalov (2005) shows a core equivalence theorem to the dividend equilibrium using the concept of rejective core. Konovalov's argument, however, is based on the setting of an atomless large economy and the core limit problem for dividend equilibrium remains unsolved. In a previous paper, Urai and Murakami (2015), we provided a generalization of the Debreu-Scarf core limit theorem (Debreu and Scarf 1963) for monetary overlapping generations economies under an extended concept of replica core allocation. In this paper, we show that the concept and method also provide a core limit theorem for economies with satiation.
Periodical Title (NCID): AA1160366X
https://ci.nii.ac.jp/ncid/AA1160366X
References (URI): URI
http://www2.econ.osaka-u.ac.jp/library/global/dp/1609.pdf
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 大阪大学 : 大阪大学学術情報庫　桜華