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Existence and fairness of value allocation without convex preferences

โœ Scribed by Nicholas C Yannelis


Book ID
118329029
Publisher
Elsevier Science
Year
1983
Tongue
English
Weight
447 KB
Volume
31
Category
Article
ISSN
0022-0531

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This paper consideres the problem of designing "better" mechanisms whose Nash allocations coincide with constrained Walrasian allocations for nonneoclassical economies under the minimal possible assumptions. We show that no assumprions on preferences are needed for feasible and continuous implementa