What does the notation \left(p,\left(x^i\right)_{i\in I}\right) mean?

  • Thread starter Cinitiator
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In summary, the conversation discusses the notation for representing endowment bundles for consumers in an economics paper. The notation includes a set I for the list of consumers, a member i representing an individual consumer, and a vector x representing a commodity vector. The endowment bundle for each consumer is expressed as x with a superscript of i. This notation can be used to list all the endowment vectors for each consumer in the set I.
  • #1
Cinitiator
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Homework Statement



What does the following notation mean, assuming that I is a set, and i is a member of the set i, and x is an endowment of a member i, and is a vector?

Assuming x is (1, 2, 3) for each i, and I = {1, 2, 3, 4}

Does
khWfb.png
mean
(1, 2, 3, 1, 2, 3, 1, 2, 3, 1, 2, 3) ?


Homework Equations


khWfb.png



The Attempt at a Solution


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  • #2
Also, does
p5JXM.png
mean (p, (1, 2, 3, 1, 2, 3, 1, 2, 3, 1, 2, 3))?

Or does it imply a p assigned to each xi individually?
 
  • #3
Is "endowment" a translation from another language? I don't recognise it here.

Given that x is a vector (of dimension the cardinality of I) then [itex]\left(x^i\right)_{i\in I}[/itex] is the list of x's components.

[itex]\left(p,\left(x^i\right)_{i\in I}\right)[/itex] is p together with all the components of the vector x.
 
  • #4
HallsofIvy said:
Is "endowment" a translation from another language? I don't recognise it here.

Given that x is a vector (of dimension the cardinality of I) then [itex]\left(x^i\right)_{i\in I}[/itex] is the list of x's components.

[itex]\left(p,\left(x^i\right)_{i\in I}\right)[/itex] is p together with all the components of the vector x.

Thanks for your help. This is from an economics paper, so by endowment I mean an endowment bundle for each consumer. The list of consumers is in the I set, and an individual consumer is i.

The x vector is only a commodity vector - it doesn't have any information on the consumers (in the I set). Each consumer has an endowment vector associated with them, which is expressed as x with a superscript of i.



From what I understand, it's supposed to list all the endowment vectors for each consumer from the set I. However, I don't understand how it lists them.

Will it be listed as: (p, vector1, vector2, vector3) etc? Or will it be listed as (p, vector1component1, vector1component1, ... vector3component1 etc..)?
 

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