Abstract
In this paper we show, under quite weak assumptions on the cost function, that the Aumann-Shapley price mechanism is continuous with respect to the quantities consumed. The proof uses the theory of non-atomic games.
| Original language | English |
|---|---|
| Pages (from-to) | 235-249 |
| Number of pages | 15 |
| Journal | Journal of Mathematical Economics |
| Volume | 9 |
| Issue number | 3 |
| DOIs | |
| State | Published - Mar 1982 |
| Externally published | Yes |