The“core Replicated V times of the economy, we have:Vga+ (-7)yB =[w4+(1-)y4]+(-T)yg 7Yv4+(-T)y4+y] =hw4+(-Tw4+ So the coalition with v agents of type A and (-D)of type B can improve upon yThe “core” • Replicated V times of the economy, we have: • So the coalition with V agents of type A and (V-T) of type B can improve upon y. ( ) [ (1 ) ] ( ) ( )[ ] ( )[ ] ( ) A B A A B A A B A A B A B Vg V T y T T V w y V T y V V Tw V T y y Tw V T w w Vw V T w + − = + − + − = + − + = + − + = + −