非凸偏好下的第二福利定理

The Second Welfare Theorem with Nonconvex Preferences

Econometrica · 1988
被引 3
人大 A+FT50ABS 4*

中文导读

证明了非凸偏好交换经济中的第二福利定理,指出帕累托最优可通过收入转移接近瓦尔拉斯均衡,适用于研究市场失灵与收入再分配。

Abstract

The author proves several versions of the second welfare theorem for exchange economies with non convex preferences. One theorem asserts that, given a Pareto optimum f, one can find income transfers and a Walrasian quasiequilibrium g s uch that all but k agents are indifferent between f and g, where k is the number of commodities. Another theorem shows that, with probabil ity one in a particular formulation of a random sequence of economies , every Pareto optimum is close to a Walrasian equilibrium with incom e transfers. Copyright 1988 by The Econometric Society.

第二福利定理非凸偏好帕累托最优瓦尔拉斯拟均衡