haku: @author Anderson, R. M. / yhteensä: 3
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Tekijä: | Anderson, R. M. Zame, W. R. |
Otsikko: | Edgeworth's connecture with infinitely many commodities: Commodity differentiation |
Lehti: | Economic Theory
1998 : VOL. 11:2, p. 331-377 |
Asiasana: | COMMODITIES COMPETITION TESTS |
Kieli: | eng |
Tiivistelmä: | Convergence of the cores of finite economies to the set of Walrasian allocations as the number of agents grows has been taken as one of the basic tests of perfect competition, and this study examines this test in the most natural model of commodity differentiation: the commodity space is the space of nonnegative measures, endowed with the topology of weak convergence. This study provides two core convergence results for the commodity differentation model. |
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