The core and the hedonic core: Equivalence and comparative statics

Journal of Mathematical Economics

Volumn 26, Issue 2, 1996, Pages 209-248

  Engl, Greg ^a   Scotchmer, Suzanne ^b  

^a Allstate   (United States)

^b UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

Core; Core competitive convergence; Hedonic core

Indexed keywords

EID: 0030526982     PISSN: 03044068     EISSN: None     Source Type: Journal    
DOI: 10.1016/0304-4068(95)00767-9     Document Type: Article

References (17)

1. Anderson, R.M., 1985, Strong core propositions with nonconvex preferences, Econometrica 53, 1283-1294.
2. Anderson, R.M., 1992, The core in perfectly competitive economies, in: R.J. Aumann and S. Hart, Handbook of mathematical economics (North-Holland, Amsterdam).
3. Aumann, R. and L. Shapley, 1974, Values of nonatomic games (Princeton University Press, Princeton, NJ).
4. Crawford, V.P., 1991, Comparative statics in matching markets, Journal of Economic Theory 54, no. 2, 389-400.
5. Engl, G., 1993, Lower hemicontinuity of the Nash equilibrium correspondence and the hedonic core, Ph.D. Dissertation, Department of Mathematics, University of California, Berkeley.
6. Engl, G. and S. Scotchmer, 1992, The core and the hedonic core: Equivalence and comparative statics, I.B.E.R. Working Paper 92-197, U.C., Berkeley; revised as MBS Working Paper 93-32, University of California, Irvine.
7. Engl, G. and S. Scotchmer, 1994, The law of supply in games, markets and matching models, Technical Report 94-29, Institute of Mathematical Behavioral Sciences, University of California, Irvine; to appear in Economic Theory.
8. Hildenbrand, W., 1974, Core and equilibria of a large economy (Princeton University Press, Princeton, NJ).
9. Jones, L.E., 1988, The characteristics model, hedonic prices, and the clientele effect, Journal of Political Economy 96, 551-567.
10. Lancaster, K., 1971, Consumer demand: A new approach (Columbia University Press, New York).
11. Roberts, A.W. and D.E. Varberg, 1973, Convex functions (Academic Press, New York).
12. Scotchmer, S., 1995, Externality pricing in club economies, Ricerche Economiche, in press.
13. Scotchmer, S., 1994, Public goods and the invisible hand, in: J. Quigley and E. Smolensky, eds., Modern Public Finance, (Harvard University Press, Cambridge, MA).
14. Scotchmer, S. and M.H. Wooders, 1988, Monotonicity in games that exhaust gains to scale, IMSSS Working Paper 525, Stanford University.
15. Shapley, L.S. and M. Shubik, 1966, Quasi-cores in a monetary economy with non-convex preferences, Econometrica 34, 805-827.
16. Wooders, M.H., 1992, Large games and economies with effective small groups, Bonn Discussion Paper B-215.
17. Wooders, M.H. and W. Zame, 1984, Approximate cores of large games, Econometrica 52, 1327-1350.