Core selection in economies with increasing returns and public goods
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Universitat d'Alacant
info
Ano de publicación: 1997
Número: 4
Páxinas: 1-24
Tipo: Documento de traballo
Resumo
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.