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Accessibility of Pareto optima

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  • Cornet, Bernard

Abstract

Non-tâtonnement processes and planning procedures have been defined in different economic contexts, as dynamic processes to reach efficient allocations, with or without price adjustment, satisfying the property that, along the process, the utility of every agent is non-decreasing and transactions can occur, thus making a clear distinction with the study of tâtonnement processes whose goal is to reach competitive equilibria with transactions occurring only at equilibrium.

Suggested Citation

  • Cornet, Bernard, 2024. "Accessibility of Pareto optima," Journal of Mathematical Economics, Elsevier, vol. 115(C).
    • Handle: RePEc:eee:mateco:v:115:y:2024:i:c:s0304406824001198
    DOI: 10.1016/j.jmateco.2024.103059
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    References listed on IDEAS

    as
    1. Cornet, Bernard, 1983. "Neutrality of planning procedures," Journal of Mathematical Economics, Elsevier, vol. 11(2), pages 141-160, April.
    2. Gaël Giraud & Dimitrios Tsomocos, 2010. "Nominal uniqueness and money non-neutrality in the limit-price exchange process," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 45(1), pages 303-348, October.
    3. Bottazzi, Jean-Marc, 1994. "Accessibility of Pareto optima by Walrasian exchange processes," Journal of Mathematical Economics, Elsevier, vol. 23(6), pages 585-603, November.
    4. Paul Champsaur, 1976. "Neutrality of Planning Procedures in an Economy with Public Goods," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 43(2), pages 293-299.
    5. Jean-Marc Bonnisseau & Orntangar Nguenamadji, 2013. "Discrete Walrasian exchange process," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(3), pages 1091-1100, April.
    6. Smale, Stephen, 1976. "Exchange processes with price adjustment," Journal of Mathematical Economics, Elsevier, vol. 3(3), pages 211-226, December.
    7. Champsaur, Paul & Dreze, Jacques H & Henry, Claude, 1977. "Stability Theorems with Economic Applications," Econometrica, Econometric Society, vol. 45(2), pages 273-294, March.
    8. repec:hal:pseose:halshs-00638196 is not listed on IDEAS
    9. Kimitoshi Sato, 2016. "The MDP Procedure for public goods and local strategy proofness," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 5(1), pages 1-31, December.
    10. CHAMPSAUR, Paul & DREZE, Jacques H. & HENRY, Claude, 1977. "Stability theorems with economic," LIDAM Reprints CORE 297, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    11. Schecter, Stephen, 1977. "Accessibility of optima in pure exchange economies," Journal of Mathematical Economics, Elsevier, vol. 4(3), pages 197-216, December.
    12. Smale, S., 1974. "Global analysis and economics v : Pareto theory with constraints," Journal of Mathematical Economics, Elsevier, vol. 1(3), pages 213-221, December.
    13. CHAMPSAUR, Paul, 1976. "Neutrality of planning procedures in an economy with public goods," LIDAM Reprints CORE 264, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    Full references (including those not matched with items on IDEAS)

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