. We consider an atomless exchange economy with a finite number of commodities. We introduce a new notion of bargaining set and show that it characterizes competitive allocations and, at the same time, it is robust to restrictions on the sizes of objecting and counterobjecting coalitions. Both results do not hold simultaneously for the bargaining sets defined by [18] and [23] for which we provide some new remarks.
A note on bargaining sets in atomless economies
Urbinati, Niccolò
2024-01-01
Abstract
. We consider an atomless exchange economy with a finite number of commodities. We introduce a new notion of bargaining set and show that it characterizes competitive allocations and, at the same time, it is robust to restrictions on the sizes of objecting and counterobjecting coalitions. Both results do not hold simultaneously for the bargaining sets defined by [18] and [23] for which we provide some new remarks.
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