A-equilibrium and fuzzy A-core in pure exchange model with externalities
The paper suggests the concept of A -equilibrium that is a concretization of the “altruistic” Berge equilibrium adapted to the pure exchange models with externalities. In contrast to the classical markets, these models consider the external influence on the preferences of economic agents. In terms o...
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Published in | Automation and remote control Vol. 77; no. 11; pp. 2080 - 2089 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Moscow
Pleiades Publishing
01.11.2016
Springer Nature B.V |
Subjects | |
Online Access | Get full text |
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Summary: | The paper suggests the concept of
A
-equilibrium that is a concretization of the “altruistic” Berge equilibrium adapted to the pure exchange models with externalities. In contrast to the classical markets, these models consider the external influence on the preferences of economic agents. In terms of an appropriate fuzzy domination, a cooperative characterization of the
A
-equilibrium allocations is given, and an analog of the classic core equivalence theorem is established. |
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Bibliography: | ObjectType-Article-1 SourceType-Scholarly Journals-1 ObjectType-Feature-2 content type line 23 |
ISSN: | 0005-1179 1608-3032 |
DOI: | 10.1134/S0005117916110151 |