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Envy-freeness and implementation in large economies

โœ Scribed by Matthew O. Jackson; Ilan Kremer


Book ID
106262606
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
181 KB
Volume
11
Category
Article
ISSN
1434-4750

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Local strict envy-freeness in large econ
โœ Susumu Cato ๐Ÿ“‚ Article ๐Ÿ“… 2010 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 304 KB

This paper proposes a concept of local strict envy-freeness (LS-envy-freeness), which is a local version of Zhou's (1992) strict envy-freeness, and investigates its implications in large economies. In spite of the weakness of this concept, it works effectively by combining with efficiency. It is sho