Replica Core Limit Theorem for Economy with Satiation

Urai, Ken; Murakami, Hiromi

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論文情報

タイトル	Replica Core Limit Theorem for Economy with Satiation
著者	Urai, Ken Urai, Ken
著者	Murakami, Hiromi Murakami, Hiromi
キーワード等	Dividend Equilibrium
	Core Equivalence
	Replica Economy
	Economy with Satiation
抄録	Dividend equilibrium, de ned by Aumann and Dr eze (1986), is one of the most general competitive equilibrium concepts for the market, including satiated consumers. Konovalov (2005) shows a core equivalence theorem to the dividend equilibrium using the concept of rejective core. Konovalov's argument, however, is based on the setting of an atomless large economy and the core limit problem for dividend equilibrium remains unsolved. In a previous paper, Urai and Murakami (2015), we provided a generalization of the Debreu-Scarf core limit theorem (Debreu and Scarf 1963) for monetary overlapping generations economies under an extended concept of replica core allocation. In this paper, we show that the concept and method also provide a core limit theorem for economies with satiation.
公開者	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
掲載誌名	Discussion Papers In Economics And Business
巻	16-9
開始ページ	1
終了ページ	7
刊行年月	2016-04
URL	http://hdl.handle.net/11094/56587
関連情報 (references)	http://www2.econ.osaka-u.ac.jp/library/global/dp/1609.pdf
言語	英語

著者版フラグ	none
NII資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
dcmi資源タイプ	text
DCTERMS.bibliographicCitation	Discussion Papers In Economics And Business.16-9 P.1-P.7
DC.title	Replica Core Limit Theorem for Economy with Satiation
DC.creator	Urai, Ken
DC.creator	Murakami, Hiromi
DC.publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
DC.language" scheme="DCTERMS.RFC1766	英語
DCTERMS.issued" scheme="DCTERMS.W3CDTF	2016-04
DC.identifier" scheme="DCTERMS.URI	http://hdl.handle.net/11094/56587
DC.subject	Dividend Equilibrium
	Core Equivalence
	Replica Economy
	Economy with Satiation
DCTERMS.abstract	Dividend equilibrium, de ned by Aumann and Dr eze (1986), is one of the most general competitive equilibrium concepts for the market, including satiated consumers. Konovalov (2005) shows a core equivalence theorem to the dividend equilibrium using the concept of rejective core. Konovalov's argument, however, is based on the setting of an atomless large economy and the core limit problem for dividend equilibrium remains unsolved. In a previous paper, Urai and Murakami (2015), we provided a generalization of the Debreu-Scarf core limit theorem (Debreu and Scarf 1963) for monetary overlapping generations economies under an extended concept of replica core allocation. In this paper, we show that the concept and method also provide a core limit theorem for economies with satiation.
citation_title	Replica Core Limit Theorem for Economy with Satiation
citation_author	Urai, Ken
citation_author	Murakami, Hiromi
citation_publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
citation_language	英語
citation_date	2016-04
citation_journal_title	Discussion Papers In Economics And Business
citation_volume	16-9
citation_firstpage	1
citation_lastpage	7
citation_public_url	http://hdl.handle.net/11094/56587
citation_keywords	Dividend Equilibrium
	Core Equivalence
	Replica Economy
	Economy with Satiation

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