Accession Number : AD0668079

Title :   CONTINUITY PROPERTIES OF THE CORE OF A MARKET (REVISED VERSION).

Descriptive Note : Research memo.,

Corporate Author : HEBREW UNIV JERUSALEM (ISRAEL) DEPT OF MATHEMATICS

Personal Author(s) : Kannai,Yakar

Report Date : JAN 1968

Pagination or Media Count : 54

Abstract : The behavior of the core of a market with a continuum of traders, when the initial bundles and the initial preferences of the traders are allowed to vary, is studied. A related problem which is also studied, is the relation between the limit theorems for n-trader markets as n goes to infinity, and the corresponding theorems for markets with a continuum of traders. Among the tools introduced are a topology on the space of possible preference relations of a trader, and notions of epsilon-core for markets. (Author)

Descriptors :   (*GAME THEORY, ECONOMICS), (*ECONOMICS, MATHEMATICAL MODELS), TOPOLOGY, MEASURE THEORY, SET THEORY, DISTRIBUTION(ECONOMICS), BEHAVIOR, PROBLEM SOLVING, THEOREMS

Subject Categories : Economics and Cost Analysis
      Operations Research

Distribution Statement : APPROVED FOR PUBLIC RELEASE