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.
Creation-Date: April 1991
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