Pareto Optimality and Existence of Quasi-Equilibrium in Exchange Economies with an Indefinite Future
Eveson, Simon Patrick; Thijssen, Jacco Johan Jacob;
Subject: 2002 | 2604
We study the attainability of Pareto optimal allocations and existence of quasi-equilibrium in exchange economies where agents have utility functions that value consumption in an indefinite future. These utility functions allow for fairly general discounting of consumpt... View more
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