Efficient Sets Are Very Small

Bhaskara Rao Kopparty () and Surekha Rao ()
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Bhaskara Rao Kopparty: Indiana University Northwest

Economics Bulletin, 2018, vol. 38, issue 4, 2060-2063

Abstract: We show that Efficient sets are not just small but very small. In fact we show that efficient sets have measure zero with respect to every continuous sigma-finite product measure on $R^p$.

Keywords: Efficient Sets; Pareto Efficiency; Lebesgue measure; product of sigma-finite measures (search for similar items in EconPapers)
JEL-codes: D5 H4 (search for similar items in EconPapers)
Date: 2018-11-06
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