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Gift Equilibria and Pareto Improvements


  • WDA (Tony) Bryant

    () (Department of Economics, Macquarie University)


Piecemeal 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.

Suggested Citation

  • WDA (Tony) Bryant, 2001. "Gift Equilibria and Pareto Improvements," Research Papers 0106, Macquarie University, Department of Economics.
  • Handle: RePEc:mac:wpaper:0106

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    More about this item


    Walrasian equilibrium; Pareto improvement; gift;

    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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