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Identification of Pareto-improving policies : information as the real invisible hand

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Carvajal, Andrés M. and Polemarchakis, H. M. (2008) Identification of Pareto-improving policies : information as the real invisible hand. Journal of Mathematical Economics, Vol.44 . pp. 167-179. doi:10.1016/j.jmateco.2007.04.008

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Abstract

Finite sets of market data may not suffice to determine Pareto-improving policies.

Item Type: Journal Article
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH): Economic policy -- Mathematical models, Welfare economics, Equilibrium (Economics)
Journal or Publication Title: Journal of Mathematical Economics
Publisher: Elsevier
ISSN: 0304-4068
Official Date: May 2008
Dates:
DateEvent
May 2008Published
Volume: Vol.44
Page Range: pp. 167-179
DOI: 10.1016/j.jmateco.2007.04.008
Status: Peer Reviewed
Access rights to Published version: Open Access
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