Optimality Properties of Equilibrium

  • Monique Florenzano
Chapter

Abstract

This chapter is devoted to the relations between the price system and the achievement of optimal economic welfare. Based on some easy consequences of the convexity assumptions made on the economy, this study was renewed in the fifties under the name of “new welfare economics”.

Keywords

Price System Core Allocation General Equilibrium Analysis Fuzzy Coalition Weak Pareto Optimality 
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Copyright information

© Springer Science+Business Media Dordrecht 2003

Authors and Affiliations

  • Monique Florenzano
    • 1
  1. 1.CNRS, CERMSEM, Université de Paris 1France

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