@misc{2316262,
  abstract     = {We consider an atomless exchange economy with indivisible commodities. Every commodity can be consumed only in integer amounts. In such an economy, because of the indivisibility, the preference maximization does not imply the cost minimization. We prove that the strong core coincides with the set of cost-minimized Walras allocations which satisfy both the preference maximization and the cost minimization under the same price vector.},
  author       = {Inoue, Tomoki},
  issn         = {0931-6558},
  language     = {English},
  number       = {418},
  publisher    = {Universit{\"a}t Bielefeld},
  title        = {Strong core equivalence theorem in an atomless economy with indivisible commodities},
  year         = {2009},
}

TY  - GEN
ID  - 2316262
TI  - Strong core equivalence theorem in an atomless economy with indivisible commodities
AU  - Inoue, Tomoki
PY  - 2009
AB  - We consider an atomless exchange economy with indivisible commodities. Every commodity can be consumed only in integer amounts. In such an economy, because of the indivisibility, the preference maximization does not imply the cost minimization. We prove that the strong core coincides with the set of cost-minimized Walras allocations which satisfy both the preference maximization and the cost minimization under the same price vector.
KW  - Indivisible commodities
KW  - Core equivalence
KW  - Strong core
KW  - Cost-minimized Walras equilibrium
IS  - 418
PB  - Universität Bielefeld
SN  - 0931-6558
U3  - PUB:ID 2316262
UR  - http://www.imw.uni-bielefeld.de/papers/files/imw-wp-418.pdf
UR  - http://nbn-resolving.de/urn:nbn:de:hbz:361-14915
ER  -