The suboptimality of efficiency

DOI10.1016/0165-1765(94)00540-IMaRDI QIDQ1352192zbMATH OpenOpenAlexFDO

Authors J. Quiggin

Publication date 27 February 1997

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0165-1765(94)00540-i

zbMATH Keywords

D6H21maximization of aggregate incomePareto-superior outcome

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cited in

(3)

• The evil of superefficiency
• Efficiency and equity in welfare economics
• Efficiency and equity in welfare economics

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