Cone conditions in general equilibrium theory.

The modern convex-analytic rendition of the classical welfare theorems characterizes optimal allocations in terms of supporting properties of preferences by non-zero prices. While supporting convex sets in economies with finite dimensional commodity spaces is usually a straightforward application of...

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Bibliographic Details

Published in:	Journal of Economic Theory Vol. 92; no. 1; pp. 96 - 122
Main Authors:	Aliprantis, Charalambos D., Tourky, Rabee, Yannelis, Nicholas C.
Format:	Article
Published:	Academic Press Inc. May 2000
Subjects:	Economic equilibrium Welfare economics Resource allocation > Mathematical models Commercial products Prices > Mathematical models Equivalence scales (Economics)
Online Access:	View this record in EBSCOhost