チン イギョウ
  陳 偉業
   所属   経済情報学部
   職種   専任講師
言語種別 英語
発行・発表の年月 2023/12
形態種別 研究論文(学術雑誌)
標題 Social Structure, Capital Accumulation, and Distribution of Wealth
執筆形態 単著
掲載誌名 Osaka Economic papers
掲載区分国内
出版社・発行元 大阪大学経済学会・大阪大学大学院経済学研究科
巻・号・頁 73(2・3),pp.123-134
概要 This paper explores a two-period Allow-Debreu production economy where agents cooperatively form firms (coalitions) by jointly determining investments and shareholding rates. The firm structure can be perceived as a social structure based on cooperative decision-making among agents. We introduce the concept of social coalitional general equilibrium, which is regarded as a typical social coalitional equilibrium initially presented by Ichiishi (1981), and characterize all equilibrium states. Our findings demonstrate that an equilibrium social structure is organized with dependence on initial capital accumulation, aiming to generate maximum societal wealth. Furthermore, this paper shows that in equilibrium, society tolerates maldistribution, which is endogenously determined by market mechanisms.