Browsing by Subject "Domain decomposition methods"

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    Concave measures and the fuzzy core of exchange economies with heterogeneous divisible commodities
    (Elsevier BV, 2012) Hüsseinov, F.; Sagara, N.
    The main purpose of this paper is to prove the existence of the fuzzy core of an exchange economy with a heterogeneous divisible commodity in which preferences of individuals are given by nonadditive utility functions defined on a σ-algebra of admissible pieces of the total endowment of the commodity. The problem is formulated as the partitioning of a measurable space among finitely many individuals. Applying the Yosida-Hewitt decomposition theorem, we also demonstrate that partitions in the fuzzy core are supportable by prices in L 1. © 2012 Elsevier B.V.