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Some remarks on restricted bargaining sets

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  • Hervés-Estévez, Javier
  • Moreno-García, Emma

Abstract

We analyze bargaining mechanisms for allocating resources in atomless econo- mies. We provide results proving that it is not necessary to consider the forma- tion of all coalitions in order to obtain the bargaining sets. This is shown under restrictions of different nature, triggering different equivalence results. In addi- tion, several counterexamples state boundaries for the possibility of extending and generalizing our results.

Suggested Citation

  • Hervés-Estévez, Javier & Moreno-García, Emma, 2012. "Some remarks on restricted bargaining sets," MPRA Paper 39385, University Library of Munich, Germany, revised 10 Jun 2012.
    • Handle: RePEc:pra:mprapa:39385
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    References listed on IDEAS

    as
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    6. Vind, Karl, 1972. "A Third Remark on the Core of an Atomless Economy," Econometrica, Econometric Society, vol. 40(3), pages 585-586, May.
    7. Ostroy, Joseph M & Zame, William R, 1994. "Nonatomic Economies and the Boundaries of Perfect Competition," Econometrica, Econometric Society, vol. 62(3), pages 593-633, May.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Bargaining sets; coalitions; core; veto mechanism;
    All these keywords.

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
    • D00 - Microeconomics - - General - - - General

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