Initial shares can cause Pareto improvements when markets are incomplete
Author:
Funder
Institute for Advanced Studies Vienna
Publisher
Springer Science and Business Media LLC
Link
http://link.springer.com/article/10.1007/s40505-018-0135-x/fulltext.html
Reference5 articles.
1. Dierker, E., Dierker, H.: Welfare and efficiency in incomplete markets with a single firm. J. Math. Econ. 46, 652–665 (2010)
2. Gabszewicz, J., Vial, J.P.: Oligopoly à la Cournot in a general equilibrium analysis. J. Econ. Theory 4, 381–400 (1972)
3. Guesnerie, R.: Pareto optimality in non-convex economies. Econometrica 43, 1–31 (1975)
4. Magill, M., Quinzii, M.: Theory of Incomplete Markets. MIT Press, Cambridge (1996)
5. Mendolicchio, C., Pietra, T.: Endowment redistribution and Pareto improvements in GEI economies. J. Math. Econ. 67, 181–190 (2016)
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