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On Edgeworth Equilibrium for a Multiregional Economic System. / Vasil'ev, Valery A.

2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019. Institute of Electrical and Electronics Engineers Inc., 2019. p. 167-172 8880265 (2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review

Harvard

Vasil'ev, VA 2019, On Edgeworth Equilibrium for a Multiregional Economic System. in 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019., 8880265, 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019, Institute of Electrical and Electronics Engineers Inc., pp. 167-172, 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019, Novosibirsk, Russian Federation, 26.08.2019. https://doi.org/10.1109/OPCS.2019.8880265

APA

Vasil'ev, V. A. (2019). On Edgeworth Equilibrium for a Multiregional Economic System. In 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019 (pp. 167-172). [8880265] (2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/OPCS.2019.8880265

Vancouver

Vasil'ev VA. On Edgeworth Equilibrium for a Multiregional Economic System. In 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019. Institute of Electrical and Electronics Engineers Inc. 2019. p. 167-172. 8880265. (2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019). doi: 10.1109/OPCS.2019.8880265

Author

Vasil'ev, Valery A. / On Edgeworth Equilibrium for a Multiregional Economic System. 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019. Institute of Electrical and Electronics Engineers Inc., 2019. pp. 167-172 (2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019).

BibTeX

@inproceedings{cc094c437eee45ed9195b00e7d6e4886,
title = "On Edgeworth Equilibrium for a Multiregional Economic System",
abstract = "In the paper, we extend our investigations of Edgeworth allocations in non-classic markets being some modifications of the well-known Arrow-Debreu model. Existence and core equivalence problems for Edgeworth equilibria in a model of multi-regional economic system are considered. It is shown that regional strict autarchy property guarantees coincidence of the fuzzy core and the set of Edgeworth plans of the economies under consideration. By uniting strict autarchy property and 'no cornucopia' assumption we obtain a new Edgeworth equilibrium existence theorem without rather complicated bounded transferability requirement applied in the previous existence results. The proof is based on appropriate generalization of the famous Scarf Theorem on the core to the case of fuzzy NTU cooperative game.",
keywords = "'no cornucopia' assumption, Edgeworth equilibria, multi-regional economic system",
author = "Vasil'ev, {Valery A.}",
note = "Funding Information: ACKNOWLEDGMENT The work was supported by Russian Foundation for Basic Research (grant No. 19-010-00910) and the program of fundamental scientific researches of the SB RAS No. I.5.1., Project No. 0314-2019-0018. Publisher Copyright: {\textcopyright} 2019 IEEE.; 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019 ; Conference date: 26-08-2019 Through 30-08-2019",
year = "2019",
month = aug,
doi = "10.1109/OPCS.2019.8880265",
language = "English",
series = "2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
pages = "167--172",
booktitle = "2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019",
address = "United States",

}

RIS

TY - GEN

T1 - On Edgeworth Equilibrium for a Multiregional Economic System

AU - Vasil'ev, Valery A.

N1 - Funding Information: ACKNOWLEDGMENT The work was supported by Russian Foundation for Basic Research (grant No. 19-010-00910) and the program of fundamental scientific researches of the SB RAS No. I.5.1., Project No. 0314-2019-0018. Publisher Copyright: © 2019 IEEE.

PY - 2019/8

Y1 - 2019/8

N2 - In the paper, we extend our investigations of Edgeworth allocations in non-classic markets being some modifications of the well-known Arrow-Debreu model. Existence and core equivalence problems for Edgeworth equilibria in a model of multi-regional economic system are considered. It is shown that regional strict autarchy property guarantees coincidence of the fuzzy core and the set of Edgeworth plans of the economies under consideration. By uniting strict autarchy property and 'no cornucopia' assumption we obtain a new Edgeworth equilibrium existence theorem without rather complicated bounded transferability requirement applied in the previous existence results. The proof is based on appropriate generalization of the famous Scarf Theorem on the core to the case of fuzzy NTU cooperative game.

AB - In the paper, we extend our investigations of Edgeworth allocations in non-classic markets being some modifications of the well-known Arrow-Debreu model. Existence and core equivalence problems for Edgeworth equilibria in a model of multi-regional economic system are considered. It is shown that regional strict autarchy property guarantees coincidence of the fuzzy core and the set of Edgeworth plans of the economies under consideration. By uniting strict autarchy property and 'no cornucopia' assumption we obtain a new Edgeworth equilibrium existence theorem without rather complicated bounded transferability requirement applied in the previous existence results. The proof is based on appropriate generalization of the famous Scarf Theorem on the core to the case of fuzzy NTU cooperative game.

KW - 'no cornucopia' assumption

KW - Edgeworth equilibria

KW - multi-regional economic system

UR - http://www.scopus.com/inward/record.url?scp=85078050871&partnerID=8YFLogxK

U2 - 10.1109/OPCS.2019.8880265

DO - 10.1109/OPCS.2019.8880265

M3 - Conference contribution

AN - SCOPUS:85078050871

T3 - 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019

SP - 167

EP - 172

BT - 2019 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019

PB - Institute of Electrical and Electronics Engineers Inc.

T2 - 15th International Asian School-Seminar Optimization Problems of Complex Systems, OPCS 2019

Y2 - 26 August 2019 through 30 August 2019

ER -

ID: 35706941