When do market games have transferable utility?
نویسندگان
چکیده
منابع مشابه
When Do Market Games Have Transferable Utility? THEODORE C. BERGSTROM AND HAL R. VARIAN
A pure exchange economy generates a “market game” in which the allocations achievable by any coalition are determined by the initial endowments of its members. Subject to certain regularity conditions, it is shown that for a market game it is possible to find utility representations for each consumer so that the game can be treated as a game with transferable utility if and only if indirect uti...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 1985
ISSN: 0022-0531
DOI: 10.1016/0022-0531(85)90041-9