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Gift Equilibria and Pareto Improvements

Author

Listed:
  • WDA (Tony) Bryant

    (Department of Economics, Macquarie University)

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.

Suggested Citation

  • WDA (Tony) Bryant, 2001. "Gift Equilibria and Pareto Improvements," Research Papers 0106, Macquarie University, Department of Economics.
    • Handle: RePEc:mac:wpaper:0106
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    File URL: http://www.econ.mq.edu.au/research/Giftequilibria.pdf
    File Function: First Version, 2001
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    More about this item

    Keywords

    Walrasian equilibrium; Pareto improvement; gift;
    All these keywords.

    JEL classification:

    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
    • P41 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Planning, Coordination, and Reform

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