The Welfare Adjustment Process: Its Stability Properties

DOI10.2307/2525355MaRDI QIDQ5666365zbMATH OpenOpenAlexFDO

Authors Rolf R. Mantel

Publication date 1971

Published in International Economic Review (Search for Journal in Brave)

Full work available at URL https://doi.org/10.2307/2525355

Mathematics Subject Classification ID

Trade models (91B60)

Cited in

(6)

• The permanent income hypothesis and long-run economic stability
• Equivalence of consumer surplus, the Divisia index of output, and Eisenberg's addilog social utility
• Computation of Fisher-Gale equilibrium by auction
• Competitive equilibria with limited enforcement
• The transfer paradox in welfare space
• The excess utility functions and the welfare adjustment process

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