PURSUIT OF RELATIVE UTILITY AND DIVISION OF LABOR

Jianguo Wang and Xiaokai Yang
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Jianguo Wang: National University of Singapore, Singapore

Chapter 6 in Inframarginal Contributions to Development Economics, 2006, pp 111-133 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionA Model with Two Consumer Goods and M Consumer-ProducersSpecification of the modelIndividuals' decision problems and corner solutionsCorner equilibrium and general equilibrium and its comparative staticsA Model with N Consumer Goods and M Consumer-ProducersConcluding RemarksReferences

Keywords: Inframarginal; Transaction Costs; Division of Labor (search for similar items in EconPapers)
Date: 2006
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Related works:
Journal Article: Pursuit of Relative Utility and Division of Labor (1996)
Working Paper: Pursuite of Relative Utility and the Division of Labor (1993)
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