• Michael Allingham


We now turn our attention from the price space to the commodity space and consider the array of demands expressed at an equilibrium price of an economy. Such an array is a Walras, or equilibrium allocation.


Equilibrium Price Efficient Allocation Equilibrium Allocation Feasible Allocation Core Allocation 
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Copyright information

© Michael Allingham 1989

Authors and Affiliations

  • Michael Allingham
    • 1
  1. 1.University of KentUK

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