Publication:
Blocking efficacy of Small Coalitions in Myopic Economies

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dc.affiliation.dptoUC3M. Departamento de Economíaes
dc.contributor.authorHervés, Carlos
dc.contributor.authorMoreno, Emma
dc.contributor.authorNúñez, Carmelo
dc.contributor.authorRui Páscoa, Mário
dc.date.accessioned2012-09-26T14:14:47Z
dc.date.available2012-09-26T14:14:47Z
dc.date.issued2000
dc.description.abstractWe consider a continuum economy with infinitely many commodities and show that, for any positive var epsilon, the core of the economy coincides with the set of allocations which are not blocked by any coalition with measure less than var epsilon. Actually, our main result is an extension of Grodal's (1972, Econometrica40, 581–583) result and, therefore, Schmeidler's (1972, Econometrica40, 579–580) result to economies whose commodity space is ℓ∞, for myopic preferences.
dc.description.sponsorship1 Supported by Research Grant PB95-0729-C02 from the Dirección General de Investigación Científica y Técnica (DGICYT), Spanish Ministry of Education. 2 Support from the Spanish Ministry of Education through a post doctoral fellowship in 1997 and from a Training and Mobility of Researchers (E.C.) fellowship in 1998 while visiting Universidade Nova de Lisboa, is acknowledged. 3 Support from the Portuguese Ministry of Science and Technology (project Praxis PCSHC- CEG9-96), is acknowledged.
dc.description.statusPublicado
dc.format.mimetypetext/plain
dc.format.mimetypeapplication/pdf
dc.identifier.bibliographicCitationJournal of Economic Theory. 2000, vol. 93, nº 1, p. 72-86
dc.identifier.doi10.1006/jeth.2000.2647
dc.identifier.issn0022-0531
dc.identifier.publicationfirstpage72
dc.identifier.publicationissue1
dc.identifier.publicationlastpage86
dc.identifier.publicationtitleJournal of Economic Theory
dc.identifier.publicationvolume93
dc.identifier.urihttp://hdl.handle.net/10016/5478
dc.language.isoeng
dc.publisherElsevier
dc.relation.publisherversionhttp://dx.doi.org/10.1006/jeth.2000.2647
dc.rights©Elsevier
dc.rights.accessRightsopen access
dc.subject.ecienciaEconomía
dc.subject.otherContinuum economy
dc.subject.otherCoalitions
dc.subject.otherCore
dc.subject.otherPerfect competition
dc.subject.otherWalrasian equilibrium
dc.titleBlocking efficacy of Small Coalitions in Myopic Economies
dc.typeresearch article*
dc.type.hasVersionAM*
dc.type.reviewPeerReviewed
dspace.entity.typePublication
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