On Core-Walras Equivalence in Banach Spaces when Feasibility is defined by the Pettis Integral

Konrad Podczeck ()
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Konrad Podczeck: https://econ.univie.ac.at

Vienna Economics Papers from University of Vienna, Department of Economics

Abstract: The paper studies the core-Walras equivalence problem in the commodity space framework of Banach spaces, allocations being defined as Pettis integrable functions. In particular, a core-Walras equivalence result for a certain class of commodity spaces is established, without requiring that the commodity space be separable. on the other hand, responding to objections made against some recent core-Walras nonequivalence results in the Bochner integrable allocations setting, it is shown that these latter results carry over to the pettis integrable allocations setting, unless additional restrictions on the heterogeneity of agents´ preferences are in force.

JEL-codes: C62 C71 D41 D50 (search for similar items in EconPapers)
Date: 2003-12
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