A complete characterization of Pareto optimality for general OLG economies.

DOI10.1016/S0022-0531(03)00094-2zbMATH Open1059.91065MaRDI QIDQ1421887FDOQ1421887

Authors: Antonio Molina-Abraldes, Juan Pintos-Clapés 

Publication date: 3 February 2004

Published in: Journal of Economic Theory (Search for Journal in Brave)

Recommendations

• Pareto optimality in continuous-time OLG economies
• A note on the characterization of optimal allocations in OLG models with multiple goods
• Stochastic OLG models, market structure, and optimality
• Optimality in stochastic OLG models: theory for tests
• Conditional Pareto optimality of stationary equilibrium in a stochastic overlapping generations model

zbMATH Keywords

Curvature conditionsEfficiency characterizationHeterogeneous longevities

Mathematics Subject Classification ID

Special types of economic markets (including Cournot, Bertrand) (91B54)

Cites Work

• Inactive transfer policies and efficiency in general overlapping- generations economies
• The overlapping-generations model. I: The case of pure exchange without money
• Existence of competitive equilibrium in a general overlapping-generations model
• Title not available (Why is that?)
• Title not available (Why is that?)
• On the Efficiency of a Competitive Equilibrium in Infinite Horizon Monetary Economies
• Stochastic OLG models, market structure, and optimality
• A complete characterization of efficiency for a general capital accumulation model
• Title not available (Why is that?)

Cited In (7)

• A note on the characterization of optimal allocations in OLG models with multiple goods
• Optimality in stochastic OLG models: theory for tests
• A characterization of inefficiency in stochastic overlapping generations economies
• Stochastic OLG models, market structure, and optimality
• Pareto optimality and existence of quasi-equilibrium in exchange economies with an indefinite future
• Pareto optimality in continuous-time OLG economies
• Efficiency and prices in economies of overlapping generations

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