The second fundamental theorem of positive economics

DOI10.1111/J.1742-7363.2012.00181.XMaRDI QIDQ4583378zbMATH OpenOpenAlexFDO

Authors Anjan Mukherji

Publication date 28 August 2018

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

Full work available at URL https://doi.org/10.1111/j.1742-7363.2012.00181.x

zbMATH Keywords

stability of equilibriumrank conditionfundamental theoremsredistribution of resources

Mathematics Subject Classification ID

Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Special types of economic equilibria (91B52)

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(3)

• Divergence and convergence in Scarf cycle environments: experiments and predictability in the dynamics of general equilibrium systems
• De Finetti, Friedman, and the methodology of positive economics
• The “second economy” and resource allocation under central planning

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