Beliefs and Pareto efficient sets: a remark.
We show that, in a two-period economy with uncertainty in the second period, if an allocation is Pareto optimal for a given set of beliefs and remains optimal when these beliefs are changed, then the set of optimal allocations of the two economies must actually coincide. We identify equivalence clas...
| Publicado en: | Journal of Economic Theory Vol. 106; no. 2; pp. 467 - 472 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Academic Press Inc.
October 2002
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |