Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Jul, 1975, Volume 43, Issue 4

Values of Markets with a Continuum of Traders

https://doi.org/0012-9682(197507)43:4<611:VOMWAC>2.0.CO;2-3
p. 611-646

Robert J. Aumann

It is shown that in markets with a continuum of traders, the allocations associated with the Shapley value are the same as the competitive allocations.


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