2011 Fiscal Year Final Research Report
On the stable allocations in an exchange economy with indivisible goods
| Project/Area Number |
22830010
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| Research Category |
Grant-in-Aid for Research Activity Start-up
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| Allocation Type | Single-year Grants |
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| Research Field |
Economic theory
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| Research Institution | Tohoku University |
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Principal Investigator |
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| Project Period (FY) |
2010 – 2011
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| Keywords | 非分割財 / 安定性 |
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| Research Abstract |
The main purpose of this research is to examine the dynamic stability of outcomes in several economic examples that include indivisibilities of the goods that arise in these models. The main findings of this research show that in the models considered here, phenomena and concepts that have been defined in the economic literature are found to be stable as defined in some variant of von Neumann and Morgenstern's stable sets.
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