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Price Distortion and Economic Welfare

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Publication:5612260
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DOI10.2307/1913010zbMath0211.23102OpenAlexW2080595465MaRDI QIDQ5612260

Hugo Sonnenschein, Edward Foster

Publication date: 1970

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1913010



Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Auctions, bargaining, bidding and selling, and other market models (91B26)


Related Items (5)

On characterizing equilibria of economies with externalities and taxes as solutions to optimization problems ⋮ Structure of distortion equilibria and welfare in a multiregional economy ⋮ Shadow pricing market access: a trade benefit function approach ⋮ The theory of approximate prices: Analytical foundations of experimental cost-benefit analysis in a fuzzy-decision space ⋮ Nash equilibrium in tariffs in a multi-country trade model




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