학술저널
Linkedness of Allocations and the Rate of Convergence of the Core
- 서울대학교 경제연구소
- Seoul Journal of Economics
- Seoul Journal of Economics Volume 5 No.3
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1992.09217 - 230 (13 pages)
- 0
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This paper is based on a theorem of Robert Anderson (1987) which proves that in a general sequence of finite economies with smooth preferences, the rate of convergence of the competitive gap with respect to the gap-minimizing prices is the inverse of the square of the number of agents. We argue that the assumptions of the theorem are too restrictive and try to relax some of them. We actually prove that the same rate of convergence can be obtained with a much weaker assumption called the uniform linkedness of allocations.
Abstract
Ⅰ. Introduction
Ⅱ. Definition and Notations
Ⅲ. Results
References
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