Core selection in economies with increasing returns and public goods

  1. Miguel Ginés 1
  1. 1 Universitat d'Alacant
    info

    Universitat d'Alacant

    Alicante, España

    ROR https://ror.org/05t8bcz72

Journal:
Working papers = Documentos de trabajo: Serie AD

Year of publication: 1997

Issue: 4

Pages: 1-24

Type: Working paper

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Sustainable development goals

Abstract

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.

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