Gift Equilibria and Pareto Improvements
AbstractPiecemeal reform methodology is used to identify Pareto improving directions of gifts in the economy studied by L. Kranich, "Gift Equilibria and Pareto Optimality Reconsidered", Journal of Economic Theory, 64, 1994, pp. 298-300.
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Bibliographic InfoPaper provided by Macquarie University, Department of Economics in its series Research Papers with number 0106.
Length: 15 pages.
Date of creation: May 2001
Date of revision:
Walrasian equilibrium; Pareto improvement; gift;
Find related papers by JEL classification:
- C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
- D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
- P41 - Economic Systems - - Other Economic Systems - - - Planning, Coordination, and Reform
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