<p>I was going through the Shapley-Folkman-Starr Lemma (<a href="https://simons.berkeley.edu/sites/default/files/docs/3605/simons2.pdf" rel="nofollow noreferrer">https://simons.berkeley.edu/sites/default/files/docs/3605/simons2.pdf</a>) and I came across the term &quot;endowment&quot; of an agent.</p>
<p>My assumption is that it represents a (sub)set of the agent's preferred bundles. Could someone please clarify this term?</p>

CC BY-SA 4.0
2022-10-24T14:46:53.743Z
That's what the agent owns before trading.
Michael Greinecker
CC BY-SA 4.0
2022-10-24T15:42:13.850Z
@MichaelGreinecker post answers as answers please
1muflon1
CC BY-SA 4.0
2022-10-24T15:51:04.433Z
@1muflon1 I doubt this question will ever be asked again. Feel free to post it though.
Michael Greinecker
<welfare-economics><walrasian><resource-allocation>
Endowment of an agent
user12632521
# Endowment of an agent

(Asked by: username_0 on 2022-10-24)

I was going through the Shapley-Folkman-Starr Lemma (<https://simons.berkeley.edu/sites/default/files/docs/3605/simons2.pdf>) and I came across the term "endowment" of an agent.

My assumption is that it represents a (sub)set of the agent's preferred bundles. Could someone please clarify this term?

**Tags:** welfare-economics, walrasian, resource-allocation
> **Comments:**
> **username_1**: That's what the agent owns before trading.  
> **username_2**: @MichaelGreinecker post answers as answers please  
> **username_1**: @1muflon1 I doubt this question will ever be asked again. Feel free to post it though.  

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## 0 answers

