Abstract
In the framework of pure exchange economies it might well happen that economic agents will find it advantageous to change their endowment holdings and by this increase their utility. Such an increase is achieved by acting competitively with the new endowments and comparing the new equilibrium allocation with the one that would have been achieved without the change.
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Safra, Z. (2018). Strategic Reallocations of Endowments. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1806
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DOI: https://doi.org/10.1057/978-1-349-95189-5_1806
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