Core selection in economies with increasing returns and public goods
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Universitat d'Alacant
info
Año de publicación: 1997
Número: 4
Páginas: 1-24
Tipo: Documento de Trabajo
Resumen
We consider economies with increasing returns and in which firms follow loss-free pricing rules. In the case of only one firm with an input distributive production set, we obtain an equilibrium which belongs to the Core of the economy and is, hence, a Pareto optimal allocation.