Sequential Model of Economic System and Constrained Pareto Optimality

Zoran Popovic and Marko Backovic

Montenegrin Journal of Economics, 2017, vol. 13, issue 1, 141-158

Abstract: The concept of general economic equilibrium of sequential structures of economic system involves development of the general economic equilibrium model that includes the structure of asset markets. The assets are instruments of income redistribution through the different states of nature of economic system.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:mje:mjejnl:v:13:y:2017:i:1:p:141-158

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