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The Core of a Coalitional Production Economy Without Ordered Preferences

Border, Kim C. (1982) The Core of a Coalitional Production Economy Without Ordered Preferences. Social Science Working Paper, 461. California Institute of Technology , Pasadena, CA. (Unpublished)

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It is shown that the core of a coalitional production economy with a balanced technology (Bohm [1974]) is nonempty, even if the consumers have preferences which are intransitive, provided the preferences are convex and continuous. Since such preferences cannot be represented by utility functions, this result does not follow from the nonemptiness of the core of a characteristic function game. Rather, the approach is closer to that of Ichiishi's [1981] social coalitional equilibrium.

Item Type:Report or Paper (Working Paper)
Border, Kim C.0000-0003-4437-0524
Alternate Title:A Core Existence Theorem for Games Without Ordered Preferences
Additional Information:Published as Border, Kim C. "A Core Existence Theorem for Games Without Ordered Preferences," Econometrica Vol. 52, No. 6 (Nov., 1984), pp. 1537-1542
Group:Social Science Working Papers
Subject Keywords:Economic theory, Existence theorems, Eigenfunctions, Commercial production, Economic models, Consumption, Fan mail
Series Name:Social Science Working Paper
Issue or Number:461
Record Number:CaltechAUTHORS:20170926-134414751
Persistent URL:
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:81843
Deposited By: Jacquelyn Bussone
Deposited On:26 Sep 2017 20:58
Last Modified:03 Oct 2019 18:47

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