Gift Equilibria and Pareto Improvements

W.D.A. Bryant ()
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W.D.A. Bryant: Department of Economics, Macquarie University

No 106, Research Papers from Macquarie University, Department of Economics

Abstract: Piecemeal reform methodology is used to identify Pareto improving directions of gifts in the economy studied by L. Kranich, "Gift Equilibria and Pareto Optimality Reconsidered", Journal of Economic Theory, 64, 1994, pp. 298-300.

Keywords: Walrasian equilibrium; Pareto improvement; gift (search for similar items in EconPapers)
JEL-codes: C62 D51 P41 (search for similar items in EconPapers)
Pages: 15 pages.
Date: 2001-05
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