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Efficiency, egalitarism, stability and social welfare in economics

Elvio Accinelli (), Leobardo Plata-Pérez () and Joss Sanchez-Perez ()
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Leobardo Plata-Pérez: Facultad de Economía, Universidad Autónoma de san Luis Potosí.

Authors registered in the RePEc Author Service: Leobardo Plata Pérez ()

No 1111, Documentos de Trabajo (working papers) from Department of Economics - dECON

Abstract: The Pareto optimal concept does not concern with fairness or equality, it is a concept related to efficiency. In this paper, using techniques from the general equilibrium theory, we relate efficiency, fairness and stability of an economy.

Keywords: Fairness; efficiency; economics welfare (search for similar items in EconPapers)
JEL-codes: D4 D6 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2011-07
New Economics Papers: this item is included in nep-evo, nep-hpe and nep-mic
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