TITLE

THE PARETO PROPERTIES OF GENERAL EQUILIBRIUM WITH INDIVISIBLE COMMODITIES

AUTHOR(S)
Conn, David; Malloy, Arthur
PUB. DATE
September 1974
SOURCE
American Economist;Fall74, Vol. 18 Issue 2
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Investigates the relationship between equilibria and optima in economies with totally indivisible commodities. Standard definition of a Pareto optimal state of the economy; Alternative definition of a Pareto efficient state of the economy; Relationship between equilibria, optimal states and efficient states.
ACCESSION #
4525156

 

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