When Is the Core Equivalence Theorem Valid?

Charalombos Aliprantis and Owen Burkinshaw

Economic Theory, 1991, vol. 1, issue 2, 169-82

Abstract: An answer to the question of the title is provided. It is shown that under some conditions the core equivalence theorem holds true (if and) only if the price space is a vector lattice.

Date: 1991
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