Coalitional economies with public projects |
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| Authors: | Achille Basile Anna De Simone Maria Gabriella Graziano |
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| Affiliation: | (1) Dipartimento di Matematica e Statistica, Universitá Federico II di Napoli, Complesso Monte S. Angelo, Via Cintia, 80126 Napoli, Italy |
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| Abstract: | We prove that the welfare theorems hold in the framework of coalitional exchange economies with public projects, both in case of pure exchange and in the presence of production. The space of agents is assumed to be non-atomic (single traders are negligible) and infinitely many commodities are allowed to be present on the market. |
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