SFB 303 Discussion Paper No. A - 337


Author: Vasil'ev, Valery A.
Title: Lindahlian Type Equilibria and the Core in Exchange Models with Externalities
Abstract: The main result of this paper is a core equivalence theorem for the Lindahlian-type equilibria in exchange models with externalities. In development of the previous work of Makarov and the author (1984) we introduce a more tractable concept of blocking in replicas of such models and give a characterization of so-called information equilibria both in terms of the fuzzy domination and in asymptotic form.
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Creation-Date: May 1991
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