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On the Existence of a Fuzzy Core in an Exchange Economy Научная публикация

Журнал Lecture Notes in Computer Science
ISSN: 0302-9743 , E-ISSN: 1611-3349
Вых. Данные Год: 2022, Том: 13367 LNCS, Страницы: 210-217 Страниц : 8 DOI: 10.1007/978-3-031-09607-5_15
Ключевые слова Edgeworth equilibria; Existence theorems; Fuzzy core; Perfect competition
Авторы Marakulin V. 1
Организации
1 Sobolev Institute of Mathematics, Russian Academy of Sciences, 4 Acad. Koptyug avenue, Novosibirsk, 630090, Russian Federation

Информация о финансировании (1)

1 Институт математики им. С.Л. Соболева СО РАН FWNF-2022-0019

Реферат: The fuzzy core is widely used in theoretical economics for modeling perfect competition. However, in modern literature, the proof of its existence is presented indirectly and applies a cumbersome construction. It usually is based on the idea of replicated economies, via standard core existence, followed by passing to the limits, allowing the number of replicas tends to infinity. The result is also proved under additional restrictive assumptions. We present a direct proof based on two well-known theorems: Michael’s theorem on the existence of a continuous selector for a point-to-set mapping and Brouwer’s fixed point theorem. This new direct proof is efficient and shortest among others. Moreover, now the existence of a fuzzy core is stated under other weakest assumptions: agent preferences can be incomplete, non-transitive, satiated, and so on. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.
Библиографическая ссылка: Marakulin V.
On the Existence of a Fuzzy Core in an Exchange Economy
Lecture Notes in Computer Science. 2022. V.13367 LNCS. P.210-217. DOI: 10.1007/978-3-031-09607-5_15 Scopus OpenAlex
Идентификаторы БД:
Scopus: 2-s2.0-85134192477
OpenAlex: W4285196497
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