Drèze equilibria and welfare maxima

Economic Theory

Volumn 45, Issue 1, 2010, Pages 55-63

  Dierker, Egbert ^a,b   Dierker, Hildegard ^a,b  

^a INSTITUTE FOR ADVANCED STUDIES   (Austria)

^b UNIVERSITY OF VIENNA   (Austria)

Author keywords

Constrained efficiency; Dr ze equilibria; Incomplete markets with production; Social welfare

Indexed keywords

EID: 77955841165     PISSN: 09382259     EISSN: 14320479     Source Type: Journal    
DOI: 10.1007/s00199-009-0476-7     Document Type: Article

References (6)

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3. Guesnerie R.: Pareto optimality in non-convex economies. Econometrica 43, 1-31 (1975).
4. Hart, O.: Production decisions in stock market economies. Working paper, Stanford (1976).
5. Magill M., Quinzii M.: Theory of Incomplete Markets. MIT Press, Cambridge (1996).
6. Magill M., Shafer W.: Incomplete markets. In: Hildenbrand, W., Sonnenschein, H. (eds) Handbook of Mathematical Economics, vol. IV, North-Holland, Amsterdam (1991).