On exploitation in a class of differentiable mixed markets

Research output: Contribution to journalArticlepeer-review

Abstract

Consider a core allocation in a differentiable mixed market. It is shown that if this allocation can be derived by splitting the market [see Definition (1) below], then the monetary exploitation of the small traders disappears. We present examples of particular economies to which our theorem applies.

Original languageEnglish
Pages (from-to)301-304
Number of pages4
JournalEconomics Letters
Volume9
Issue number4
DOIs
StatePublished - 1982

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

Fingerprint

Dive into the research topics of 'On exploitation in a class of differentiable mixed markets'. Together they form a unique fingerprint.

Cite this