Pareto optimality and Walrasian equilibria (Q2480363)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Pareto optimality and Walrasian equilibria |
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Pareto optimality and Walrasian equilibria (English)
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31 March 2008
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This is a very interesting paper providing results for a class of convex constrained multiobjective optimization problems, which do not satisfy the classical qualification condition requiring the existence of interior points in the effective domains of the objective functions involved. This is done by using a previous result due to the author on the Walrasian general equilibrium model of economy. The concept of proper efficiency is used as the solution notion. Finally, a new version of the second fundamental theorem of Welfare economics is presented.
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Pareto optimality
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variational inequality
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Walrasian equilibrium
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duality
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