A Note on the Characterization of Optimal Allocations in OLG Models with Multiple Goods - HAL-SHS - Sciences de l'Homme et de la Société Accéder directement au contenu
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.

Dates et versions

halshs-01199162 , version 1 (15-09-2015)

Identifiants

Citer

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⟩
232 Consultations
0 Téléchargements

Altmetric

Partager

Gmail Facebook X LinkedIn More