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Publicação
Fuzzy Cores in Production Economics
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Orientador(es)
Resumo(s)
In production economies, with m agents and l commodities, the set of equilibrium allocations coincides with the set of allocations that are unblocked by generalized fuzzy coalitions (i.e. bundles of Aubin's coalitions). Under convexity of preferences and production sets, the generalized fuzzy core coincides with Aubin's core. Moreover, in an I + 1 replica economy, where preferences are convex and production sets are cones, the allocations in Aubin's core are always equilibrium allocations. The fuzzy and the generalized fuzzy cores of the economy with in agents can be related to the core of an associated economy with a continuum of agents.
Descrição
Palavras-chave
Fuzzy core Generalized fuzzy core Equilibrium allocations Continuum of agents Production economies
Contexto Educativo
Citação
Husseinov, Farhad and Páscoa, Mário Rui, Fuzzy Cores in Production Economics (June, 1997). FEUNL Working Paper Series No. 298