Econometrica: Jul 1975, Volume 43, Issue 4
Coalitional Fairness of Allocations in Pure Exchange Economies
Jean Jaskold-GabszewiczThis paper examines a notion of coalitional fairness for exchange allocations. An allocation is "c-fair" if no coalition of traders could benefit from achieving the net trade of some other coalition. Properties of c-fair allocations are studied both in exchange economies with a finite number of traders and with an atomless sector.
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