Simple Arrow-type propositions in the Edgeworth domain
John Bone ()
Social Choice and Welfare, 2003, vol. 20, issue 1, 48 pages
Abstract:
This paper presents an Arrow-type result which can be simply demonstrated to hold within the standard domain of welfare economics: in the m×n Edgeworth box, a best allocation must assign all goods to a single individual.
Date: 2003-01-13
Note: Received: 4 July 2000/Accepted: 22 October 2001
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