CONTINUITY PROPERTIES OF THE CORE OF A MARKET (REVISED VERSION).

Abstract

The behavior of the core of a market with a continuum of traders, when the initial bundles and the initial preferences of the traders are allowed to vary, is studied. A related problem which is also studied, is the relation between the limit theorems for n-trader markets as n goes to infinity, and the corresponding theorems for markets with a continuum of traders. Among the tools introduced are a topology on the space of possible preference relations of a trader, and notions of epsilon-core for markets. (Author)

Document Details

Document Type
Technical Report
Publication Date
Jan 01, 1968
Accession Number
AD0668079

Entities

People

  • Yakar Kannai

Organizations

  • Hebrew University of Jerusalem

Tags

DTIC Thesaurus Topics

  • Continuity
  • Economics
  • Game Theory
  • Mathematical Analysis
  • Mathematics
  • Theorems
  • Topology

Fields of Study

  • Economics

Readers

  • Fluid Dynamics.
  • Game Theory.

Technology Areas

  • Space