Incentives for Competitive Responses in Replicated Economies: A Generalization

Salim Rashid ()

Bulletin of Economic Research, 1991, vol. 43, issue 3, 283-88

Abstract: A simple proof is presented of a theorem of Roberts and Postlewaite on truthful revelation of preference for replicated economies. The proof provides some generalizations of the earlier result using the strict definition of feasibility. First, to economies with an infinity of agents but with a finite number of types; secondly, to economies with a countable number of commodities. Copyright 1991 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Date: 1991
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