The Econometric SocietyEconometrica: May 1972, Volume 40, Issue 3
A Remark on the Core of an Atomless Economy
https://doi.org/0012-9682(197205)40:3<579:AROTCO>2.0.CO;2-F
p.
579-580
David Schmeidler
In an atomless economy any allocation that is not blocked by "small" coalitions is in the core. Hence, in such an economy, a competitive equilibrium is characterized by the blocking power of part of the coalitions which excludes all "big" coalitions.Log In To View Full Content