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Article dans une revue Set-Valued and Variational Analysis Année : 2015

A Note on the Characterization of Optimal Allocations in OLG Models with Multiple Goods

Résumé

We consider a pure exchange overlapping generations economy with a varying number of commodities and consumers per period having possibly non-complete non transitive preferences. We provide a geometric and direct proof of the Balasko-Shell characterization of Pareto optimal allocations. As a by-product, we compute an explicit Pareto improving transfer when the criterion is not satisfied, which is minimal for some suitable distance.
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halshs-01199162, version 1 (15-09-2015)

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Jean-Marc Bonnisseau, Lalaina Rakotonindrainy. A Note on the Characterization of Optimal Allocations in OLG Models with Multiple Goods. Set-Valued and Variational Analysis, 2015, pp.10.1007/s11228-015-0342-7. ⟨10.1007/s11228-015-0342-7⟩. ⟨halshs-01199162⟩
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