INCENTIVE COMPATIBILITY AND COMPETITIVE ALLOCATIONS

Authors
JACKSON MO
Citation
Mo. Jackson, INCENTIVE COMPATIBILITY AND COMPETITIVE ALLOCATIONS, Economics letters, 40(3), 1992, pp. 299-302
Citations number
5
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
40
Issue
3
Year of publication
1992
Pages
299 - 302
Database
ISI
SICI code
0165-1765(1992)40:3<299:ICACA>2.0.ZU;2-J
Abstract
It is shown that as the number of individuals in an economy grows, the demand functions which are optimal for an agent converge to the compe titive (price-taking) demand.