CFDP 1439

The Edgeworth, Cournot and Walrasian Cores of an Economy


Publication Date: October 2003

Pages: 10


Three variations of the core of a market game representing an exchange economy are considered and compared. The possibility for utilizing the Walrasian core to reflect certain monetary phenomena is noted.


Market games, Strategic market game, Exchange economy, Core, Characteristic function

JEL Classification Codes:  C71, D5