Core and competitive equilibria: An approach from discrete convex analysis

Koji Yokote

研究成果: Article査読

3 被引用数 (Scopus)

抄録

We extend the assignment market (Shapley and Shubik, 1972; Kaneko, 1976, 1982) by utilizing discrete convex analysis. We consider the market in which buyers and sellers trade indivisible commodities for money. Each buyer demands at most one unit of commodity. Each seller produces multiple units of several types of commodities. We make the quasi-linearity assumption on the sellers, but not on the buyers. We assume that the cost function of each seller is M-convex, which is a concept in discrete convex analysis. We prove that the core and the competitive equilibria exist and coincide in our market model.

本文言語English
ページ(範囲)1-13
ページ数13
ジャーナルJournal of Mathematical Economics
66
DOI
出版ステータスPublished - 2016 10月 1

ASJC Scopus subject areas

  • 経済学、計量経済学
  • 応用数学

フィンガープリント

「Core and competitive equilibria: An approach from discrete convex analysis」の研究トピックを掘り下げます。これらがまとまってユニークなフィンガープリントを構成します。

引用スタイル