Chinese Quarterly Journal of Mathematics ›› 1994, Vol. 9 ›› Issue (1): 1-9.
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Abstract: This paper designed to study the core equivalence problem ininfinite dinensional commodity spaces by using nonstandad analysis.Let X be a superstructure,k>card(X) a regular cardinal,and·Xa K-saturated ncnstandard extengion of A nonstandsrd exchange economy inodel is established on a commodity space F,where a standard normed Riesz space.in this model the set of consumers is a hyperfinite(reaily infinite)set, dencted by T=(1,2,…,o}(m∈·N-N),and the preference of each consumer t is an internal bindiy relation >on his consumption set Xisuch that xpu for any x∈X. Each consumption se:”assuned satisfy that(1).intEx,AB≠Ø,and(2).y<z implies y∈ X,for any x∈nsX:and y∈ns"R.It s showed that if the preferences are monotonic for almost ll consumers,then the core of the economy coincides with the set of all competitive equilibria.It is also showed that when the set of comsumers who have monotonic preferences is nonnegligible,an allocation is an core allocation if and only if it is supported by prices,and if and only if it is strongly supported by prices.
Key words: preference, monotone, S-topology, K-measure, allocation, corejsupporting price, competitive equation
CLC Number:
O176
Wu Kangping. Competition and Loeb k-Measure Spaces[J]. Chinese Quarterly Journal of Mathematics, 1994, 9(1): 1-9.
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