IDEAS home Printed from https://ideas.repec.org/p/vie/viennp/vie0307.html
   My bibliography  Save this paper

Note on the Core-Walras Equivalence Problem when the Commodity Space is a Banach Lattice

Author

Abstract

The core-Walras equivalence problem for an atomless economy is considered in the commodity space setting of Banach lattices. In particular, necessary and sufficient conditions on the commodity space in order for core-Walras equivalence to hold are established. In general, these conditions can be regarded as implying that an economy with a continuum of agents has indeed "many more agents than commodities". However, it turns out that there are special commoditiy spaces in which core-Walras equivalence holds for every atomless economy satisfying certain standard assumptions, but in which an atomless economy does not have the meaning of there being "many more agents than commodities."

Suggested Citation

  • Konrad Podczeck, 2003. "Note on the Core-Walras Equivalence Problem when the Commodity Space is a Banach Lattice," Vienna Economics Papers vie0307, University of Vienna, Department of Economics.
    • Handle: RePEc:vie:viennp:vie0307
    as

    Download full text from publisher

    File URL: https://papersecon.univie.ac.at/RePEc/vie/viennp/vie0307.pdf
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vie:viennp:vie0307. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Paper Administrator (email available below). General contact details of provider: https://econ.univie.ac.at/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.