When inefficiency begets efficiency

DOI10.1007/S00199-004-0469-5MaRDI QIDQ1780158zbMATH OpenOpenAlexFDO

Authors Hans Gersbach, Hans Haller

Publication date 7 June 2005

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL http://irihs.ihs.ac.at/1476/1/es-128.pdf

zbMATH Keywords

general equilibriumhousehold decisionshousehold formation

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

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Cited in

(8)

• The evil of superefficiency
• The suboptimality of efficiency
• More neighbors, more efficiency
• A bargaining model in general equilibrium
• Private versus public consumption within groups: testing the nature of goods from aggregate data
• Collective decisions and competitive markets
• Club theory and household formation
• Groups, collective decisions and markets

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