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.
Keywords:
JEL-Classification-Number:
Creation-Date: May 1991
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