Citation:
Haimanko, O. . (1999). Payoffs in Non-Differentiable Perfectly Competitive TU Economies. Discussion Papers. presented at the 6, Journal of Economic Theory 106 (2002), 17-39. Retrieved from /files/dp197.pdf
Abstract:
We develop an axiomatization of a single-valued solution for finite-type perfectly competitive economies. The solution is a competitive payoff selection. Our axioms are similar to those of Dubey and Neyman for solutions of differentiable economies, and they give rise to the Mertens value.