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On the Core of a Market for Indivisible Commodities with Middlemen

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  • Takayuki Oishi

    (Institute of Economic Research, Kyoto University)

Abstract

This study provides sufficient conditions for non-emptiness of the core of a market for indivisible commodities with middlemen. This market is formulated as a three-sided assignment game without sidepayments. Our conditions are characterized by special properties of three-sided assignment games respectively and these conditions are equivalent to the balancedness condition(Scarf, 1967).

Suggested Citation

  • Takayuki Oishi, 2008. "On the Core of a Market for Indivisible Commodities with Middlemen," Keio/Kyoto Joint Global COE Discussion Paper Series 2008-017, Keio/Kyoto Joint Global COE Program.
    • Handle: RePEc:kei:dpaper:2008-017
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