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Identifier to cite or link to this item: https://hdl.handle.net/10086/18783

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Title
The Walrasian Distribution of Opportunity Sets : An Axiomatic Characterization
Creator
Creator Name
Tadenuma, Koichi Tadenuma, Koichi
蓼沼, 宏一 蓼沼, 宏一
Affiliation
Affiliation Name
Hitotsubashi University
Creator Name
Xu, Yongsheng Xu, Yongsheng
Affiliation
Affiliation Name
Georgia State University
Key Word
distribution of opportunity sets
market economy
Walrasian distribution
axiomatic characterization
JEL
D50
D60
D70
P00
Abstract (distribution restricted)
Economic systems generate various distributions of opportunity sets for individuals to choose consumption bundles. This paper presents an axiomatic analysis on distributions of opportunity sets. We introduce several reasonable properties of distributions of opportunity sets, and characterize the distributions of opportunity sets in the market economy by these properties.
Publisher
Graduate School of Economics, Hitotsubashi University
Issued Date
2010-12
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Discussion papers ; No. 2010-16
Number of Pages
19
Appears in Collections
Discussion papers / Graduate School of Economics, Hitotsubashi University
URL
https://hdl.handle.net/10086/18783