Core equivalence with large agents

Aubrey Clark

Papers from arXiv.org

Abstract: This paper studies the relationship between core and competitive equilibira in economies that consist of a continuum of agents and some large agents. We construct a class of these economies in which the core and competitive allocations do not coincide.

Date: 2021-03
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2103.05136

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