Investment Under Private Ownership: Optimality, Equilibrium and Stability

  • Jacques H. Drèze
Part of the International Economic Association Series book series (IEA)


The theory of equilibrium and efficiency of resource allocation, initially developed for a world of certainty, has been reinterpreted for a world of uncertainty, thanks to a suggestion made by Arrow [1] and pursued further by Debreu [7].2


Stock Exchange Production Plan Price Equilibrium Optimum Investment Competitive Equilibrium 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© International Economic Association 1974

Authors and Affiliations

  • Jacques H. Drèze
    • 1
  1. 1.CoreLouvainBelgium

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