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Some discrete approaches to continuum economies

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  • Hervés Beloso, Carlos
  • Moreno García, Emma

Abstract

Given the preferences of the agents of a continuum economy, we define the average and unanimous preference. This allow us to consider several sequences of economies, in which only a finite number of different agents' characteristics can be distinguished. We obtain approximation results for the core of these economies.

Suggested Citation

  • Hervés Beloso, Carlos & Moreno García, Emma, 1996. "Some discrete approaches to continuum economies," UC3M Working papers. Economics 4103, Universidad Carlos III de Madrid. Departamento de Economía.
    • Handle: RePEc:cte:werepe:4103
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    References listed on IDEAS

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    1. Kannai, Yakar, 1972. "Continuity Properties of the Core of a Market: A Correction," Econometrica, Econometric Society, vol. 40(5), pages 955-958, September.
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    Keywords

    Continuum economy;

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