The American Economic Review, Volume 96American Economic Association., 2006 Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association. |
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Página 342
... Pareto improving , in the sense that there is some way to divide its costs so that the resulting allocation is Pareto superior to the initial allocation . We define two distinct notions of potential Pareto improvement . One of these ...
... Pareto improving , in the sense that there is some way to divide its costs so that the resulting allocation is Pareto superior to the initial allocation . We define two distinct notions of potential Pareto improvement . One of these ...
Página 343
... Pareto improving . Figure 3 demonstrates that the converse of Remark 1 is not true . The initial allocation is at A and the private utility possibility frontier cor- responding to the initial quantity of public goods is VPF ( y ) . The ...
... Pareto improving . Figure 3 demonstrates that the converse of Remark 1 is not true . The initial allocation is at A and the private utility possibility frontier cor- responding to the initial quantity of public goods is VPF ( y ) . The ...
Página 345
... Pareto improving . ( b ) If public good j passes the private values Samuelson test , then no decrease in the amount of public good j can be potentially Pareto improving . PROOF : - = Ук Suppose that the initial allocation is ( x , y ) ...
... Pareto improving . ( b ) If public good j passes the private values Samuelson test , then no decrease in the amount of public good j can be potentially Pareto improving . PROOF : - = Ук Suppose that the initial allocation is ( x , y ) ...
Índice
Free Markets and Fettered Consumers | 3 |
DOUGLAS W DIAMOND AND RAGHURAM G RAJAN | 30 |
CHRISTOPHER A SIMS AND TAO | 54 |
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