Economies

Michael Allingham
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Michael Allingham: University of Kent

Chapter 3 in Theory of Markets, 1989, pp 23-35 from Palgrave Macmillan

Abstract: Abstract We consider economies with a given set M = {1,…, m} of traders, with m ⩾ n. We identify the preference relation, endowment and so forth of trader t∈M by the superscript t, and write these as ≿ t ∈Π, w t ∈R n and so forth. The arrays (≳1,…, ≳ m ) of preference relations and (w1,…, w m ) of endowments are written as ≿ t ∈Π m and w∈(R n ) m respectively.

Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-10265-5_3

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DOI: 10.1007/978-1-349-10265-5_3

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