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Agrégation quasi parfaite par convergence

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  • Hubert Kempf
  • Christophe Henocq

Abstract

[fre] gation presque parfaite sont proposés et il est montré qu'il est possible d'appliquer l'un des deux à la théorie de la demande et d'associer à la fonction macro-économique représentative une fonction d'utilité collective. [eng] Quasi-perfect aggregation and the convergence approach. Christophe Henocq, Hubert Kempf. The convergence approach to aggregation uses a probabilistic framework and laws of large nombers in order to define a quasi-perfect aggregation, characterized by an aggregation error, small enough to be neglected. Two theorems of quasi-perfect aggregation are proposed and we show that one of these theorems apply to the demand theory and that it is possible to associate to the so-defined macro demand function a collective utility function.

Suggested Citation

  • Hubert Kempf & Christophe Henocq, 1984. "Agrégation quasi parfaite par convergence," Revue Économique, Programme National Persée, vol. 35(5), pages 911-928.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1984_num_35_5_408811
    DOI: 10.3406/reco.1984.408811
    Note: DOI:10.3406/reco.1984.408811
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    References listed on IDEAS

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    1. Chipman, John S., 1974. "Homothetic preferences and aggregation," Journal of Economic Theory, Elsevier, vol. 8(1), pages 26-38, May.
    2. William A. Barnett, 1979. "Theoretical Foundations for the Rotterdam Model," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 46(1), pages 109-130.
    3. Shapiro, Perry, 1977. "Aggregation and the existence of a social utility function," Journal of Economic Theory, Elsevier, vol. 16(2), pages 475-480, December.
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