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Perfect competition or the core

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  • Vind, Karl

Abstract

The general concepts final settlement and competition defined by F. Edgeworth (1881) are redefined in a modern setting. The special application--exchange equilibrium--is compared to the later concept of the core. The history of exchange equilibrium is surveyed.
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Suggested Citation

  • Vind, Karl, 1995. "Perfect competition or the core," European Economic Review, Elsevier, vol. 39(9), pages 1733-1745, December.
    • Handle: RePEc:eee:eecrev:v:39:y:1995:i:9:p:1733-1745
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    References listed on IDEAS

    as
    1. Gerard Debreu, 1963. "On a Theorem of Scarf," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 30(3), pages 177-180.
    2. Wagner, Alfred, 1891. "Marshall's Principles of Economics," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 5, pages 319-338.
    3. Sutton, John, 1993. "Echoes of Edgeworth: The problem of indeterminacy," European Economic Review, Elsevier, vol. 37(2-3), pages 491-499, April.
    4. Hildenbrand, Werner, 1993. "Francis Ysidro Edgeworth: Perfect competition and the core," European Economic Review, Elsevier, vol. 37(2-3), pages 477-490, April.
    5. Andreu Mas-Colell, 1982. "Perfect Competition and the Core," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 49(1), pages 15-30.
    6. Jevons, William Stanley, 1871. "The Theory of Political Economy," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number jevons1871.
    7. Edgeworth, Francis Ysidro, 1881. "Mathematical Psychics," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number edgeworth1881.
    8. Vind, Karl, 1983. "Equilibrium with coordination," Journal of Mathematical Economics, Elsevier, vol. 12(3), pages 275-285, December.
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    Cited by:

    1. Marakulin, V., 2011. "Contracts and Domination in Competitive Economies," Journal of the New Economic Association, New Economic Association, issue 9, pages 10-32.
    2. Leonidas C. Koutsougeras, 2022. "Coalitions with limited coordination," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(2), pages 439-456, April.

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    More about this item

    JEL classification:

    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General

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