A new approach to the limit theorem on the core of an economy in vector lattices
成果类型:
Article
署名作者:
Tourky, R
署名单位:
La Trobe University
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1006/jeth.1997.2361
发表日期:
1998
页码:
321-328
关键词:
摘要:
Aliprantis, Brown, and Burkinshaw (Econometrica 55 (1987), 1109-1137) proved that Edgeworth equilibria for exchange economies in topological vector lattices are pseudo-equilibria. In this paper we extend their result to more general spaces. We consider pure trade economies in a vector lattice commodity space with a lattice ordered price space. By adapting the techniques of Mas-Colell and Richard (J. Econ. Theory 53 (1991), 1-11) we obtain the required decentralizing continuous price as the supremum of tangent functionals that support the sets of preferred net trades. (C) 1998 Academic Press.