The second theorem of welfare economics when utilities are interdependent

DOI10.1016/0022-0531(80)90022-8zbMath0453.90021OpenAlexW2067098328MaRDI QIDQ1149370

Trout Rader

Publication date: 1980

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

Full work available at URL: https://doi.org/10.1016/0022-0531(80)90022-8

zbMATH Keywords

competitive equilibriumfree disposalglobal efficiencysecond theorem of welfare economicsinterdependent utilitieslocal non- satiationprivate utilitiesquasi-transferability

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items (3)

The turnpike of dynamic general equilibrium paths and its insensitivity to initial conditions ⋮ Pareto irrelevant externalities ⋮ An integration of equilibrium theory and turnpike theory

Cites Work

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