Competitive Equilibria in Markets with a Continuum of Traders and Incomplete Preferences

Econometrica ◽  
1969 ◽  
Vol 37 (4) ◽  
pp. 578 ◽  
Author(s):  
David Schmeidler
Keyword(s):  
Incomplete Preferences ◽  
Competitive Equilibria

scholarly journals Fairness and fuzzy coalitions

2021 ◽  
Author(s):  
Chiara Donnini ◽  
Marialaura Pesce
Keyword(s):  
New York ◽  
Economic Theory ◽  
Measure Space ◽  
Exchange Economy ◽  
Mathematical Methods ◽  
Competitive Equilibria ◽  
Fuzzy Coalitions ◽  
Core Allocations

AbstractIn this paper, we study the problem of a fair redistribution of resources among agents in an exchange economy á la Shitovitz (Econometrica 41:467–501, 1973), with agents’ measure space having both atoms and an atomless sector. We proceed by following the idea of Aubin (Mathematical methods of game economic theory. North-Holland, Amsterdam, New York, Oxford, 1979) to allow for partial participation of individuals in coalitions, that induces an enlargement of the set of ordinary coalitions to the so-called fuzzy or generalized coalitions. We propose a notion of fairness which, besides efficiency, imposes absence of envy towards fuzzy coalitions, and which fully characterizes competitive equilibria and Aubin-core allocations.

scholarly journals The shape of incomplete preferences

2006 ◽  
Vol 34 (5) ◽  
pp. 2430-2448 ◽  
Author(s):  
Robert Nau
Keyword(s):  
Incomplete Preferences

Dynamic Competitive Equilibria in Electricity Markets

2011 ◽  
pp. 35-62 ◽  
Author(s):  
Gui Wang ◽  
Matias Negrete-Pincetic ◽  
Anupama Kowli ◽  
Ehsan Shafieepoorfard ◽  
Sean Meyn ◽  
...  
Keyword(s):  
Electricity Markets ◽  
Competitive Equilibria
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