Cooperative foundations of perfect competition

Clark, Aubrey B. (2009). Cooperative foundations of perfect competition Honours Thesis, , The University of Queensland.

       
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Author Clark, Aubrey B.
Thesis Title Cooperative foundations of perfect competition
Institution The University of Queensland
Publication date 2009
Thesis type Honours Thesis
Total pages 64
Language eng
Subjects 14 Economics
Formatted abstract This thesis studies the relationship between the core and competitive equilibria in imperfectly competitive economies. We prove the existence of a class of imperfectly competitive economies in which core equivalence fails. Our result shows that core equivalence is not a general property of imperfectly competitive economies. In addition, our result provides a new characterisation of an atomless measure space in terms of core equivalence.

 
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Created: Wed, 22 Dec 2010, 16:01:44 EST by Ning Jing on behalf of Social Sciences and Humanities Library Service