Classical welfare theorems with non-transitive and non-complete preferences

DOI10.1016/0022-0531(79)90044-9zbMath0429.90007OpenAlexW2044801735MaRDI QIDQ1137937

Vincy Fon, Yoshihiko Otani

Publication date: 1979

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(79)90044-9

zbMATH Keywords

nontransitive preferencescompetitive mechanismclassical welfare theoremcompleteness of preferencesnon-complete preferencesPareto optimal allocation

Mathematics Subject Classification ID

Individual preferences (91B08) Social choice (91B14)

Related Items

Remarks on the first welfare theorem with nonordered preferences ⋮ Incomplete preferences and confidence ⋮ Valuation equilibrium and Pareto optimum in non-convex economies ⋮ Fairness for multi-self agents ⋮ Pareto-optimal matching allocation mechanisms for boundedly rational agents

Cites Work

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• An equilibrium existence theorem for a general model without ordered preferences
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• A Limit Theorem on the Core of an Economy
• VALUATION EQUILIBRIUM AND PARETO OPTIMUM