SFB 303 Discussion Paper No. B-185

Author: Geralavicius, Vaidievutis
Title: Efficiency in an Equilibrium Model with a Continuous Pricing Function
Abstract: We consider in this paper efficiency problems of the equilibrium models with continuous price function introduced in papers (1,2). It is shown that there exists a price function ensuring existence of a pareto efficient equilibrium where a production is described by any purpose function given on a convex technological set.
Keywords:
JEL-Classification-Number:
Creation-Date: April 1991
Unfortunately this paper is not available online. Please contact us to order a hardcopy.

SFB 303 Homepage