The Econometric SocietyEconometrica: Jul 1978, Volume 46, Issue 4
Advantageous Reallocations of Initial Resources
https://doi.org/0012-9682(197807)46:4<835:AROIR>2.0.CO;2-Y
p.
835-841
Jean-Jacques Laffont, Roger Guesnerie
This paper shows how the Debreu-Sonnenschein theorem can be used to construct economies where disadvantageous reallocations of resources take place.Log In To View Full Content