TY  - GEN
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.
DA  - 2009
KW  - Strong core
KW  - Cost-minimized Walras equilibrium
KW  - Core equivalence
KW  - Indivisible commodities
LA  - eng
PY  - 2009
SN  - 0931-6558
TI  - Strong core equivalence theorem in an atomless economy with indivisible commodities
UR  - https://nbn-resolving.org/urn:nbn:de:hbz:361-14915
Y2  - 2024-11-22T14:03:49
ER  -