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Robust Welfare Decentralization under Population Entry

econ.TH · 2026-07-13 · accept · novelty 6.0

Universal entry robustness of a finite economy with indivisibles holds if and only if the incumbents' aggregate welfare valuation is additive, and is equivalent to equilibrium existence against one canonical welfare-loss entrant.

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  • Robust Welfare Decentralization under Population Entry econ.TH · 2026-07-13 · accept · none · ref 4

    Universal entry robustness of a finite economy with indivisibles holds if and only if the incumbents' aggregate welfare valuation is additive, and is equivalent to equilibrium existence against one canonical welfare-loss entrant.