Document Type
Discussion Paper
Publication Date
1-1-1981
CFDP Number
578
CFDP Pages
17
Abstract
We consider economies with preferences drawn from a very general class of strongly convex preferences, closely related to the class of convex (but intransitive and incomplete) preferences for which Mas-Colell proved the existence of competitive equilibria [13]. We prove a strong core limit theorem for sequences of such economies with a mild assumption on endowments (the largest endowment is small compared to the total endowment) and a uniform convexity condition. The results extend corresponding results in Hildenbrand’s book [8]. The proof, which is based on our earlier result for economies with more general preferences [2], is elementary.
Recommended Citation
Anderson, Robert M., "Core Theory with Strongly Convex Preferences" (1981). Cowles Foundation Discussion Papers. 814.
https://elischolar.library.yale.edu/cowles-discussion-paper-series/814